The Gray Divorce Phenomenon

4.75 (12 votes)

Recorded On: 01/16/2018

Approximately one in four divorces occurs among couples over 50. This rate is more than double that of 1990. The phenomenon was first studied by the AARP in 2004. Media and academia have not lost interest. “The Devastation of Gray Divorce for Older Women,” “Divorce is Destroying Retirement,” “The 37 Year Itch,” and “Why Your Grandparents are Finally Calling It Quits” dominate the media from The Wall Street Journal to Bloomberg, Psychology Today, and the LA Times.

Chances are most of your Baby Boomer clients are lumped as “gray divorces.” How and why are they different from other generations? How do they experience divorce differently? Most importantly, how do we serve them most effectively?

Justin Reckers, CFP, CDFA will share common client concerns, creative settlement examples, practice tips, thoughts on behavioral finance, and maybe even answer, “Why now after all these years?”

Justin A. Reckers

CFP®, CDFA®

Justin A. Reckers is the Chief Executive Officer of WellSpring Divorce Advisors, and the lead Financial Advisor at Fonte Financial Advisors, a Member of Advisory Services Network, LLC. Wellspring Divorce Advisors continues to expand through recent office openings in San Francisco Bay area, Denver, New York and affiliate offices in Boston and Columbus, Ohio.

Fonte Financial Advisors provides comprehensive wealth management services with a focus on lifestyle management and investment advice for those navigating transitions and beyond. Our most common engagements include post-divorce and strategic retirement planning.

Justin is a graduate of The Ohio State University, a CERTIFIED FINANCIAL PLANNER® and Certified Divorce Financial Analyst®. He is a former board member of The Institute for Divorce Financial Analysts, Collaborative Practice California and the Collaborative Family Law Group of San Diego. Justin is the Chairman of the Board of Trustees for the Pacific South Coast Chapter of the National Multiple Sclerosis Society.