Divorce Destroys Finances of Americans Over 50, Studies Show
- Research shows splitting in middle age is especially damaging
- Getting a so-called gray divorce is ‘a major financial shock’
Source: Getty Images
In one sense, Amazon.com Inc. founder Jeff Bezos and his ex-wife, MacKenzie Bezos, are nothing special.
By finalizing their divorce this month, they join the millions of Americans now splitting up in middle age. The rate of divorce after age 50 has doubled in the U.S. since 1990.