Over 50 and Considering Divorce? How to Prepare Financially, Pre- and Post-Separation

To preserve your wealth, you need to accept that changes are coming. You very likely won’t be able to maintain the same lifestyle separately that you did when you were together.

An older woman looks at a photo in her living room, surrounded by moving boxes.
(Image credit: Getty Images)

Divorce is becoming more common among people 50 and older – so common, in fact, that it has its own name: “gray divorce.” There are often major changes to someone’s finances and lifestyle after the divorce, but the sooner you face your new financial reality, the better off you’ll be.

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Lisa Brown, CFP®, CIMA®
Partner and Wealth Advisor, CI Brightworth

Lisa Brown, CFP®, CIMA®, is author of "Girl Talk, Money Talk, The Smart Girl's Guide to Money After College” and “Girl Talk, Money Talk II,  Financially Fit and Fabulous in Your 40s and 50s". She is the Practice Area Leader for corporate professionals and executives at wealth management firm CI Brightworth in Atlanta. Advising busy corporate executives on their finances for nearly 20 years has been her passion inside the office. Outside the office she's an avid runner, cyclist and supporter of charitable causes focused on homeless children and their families.