Considerations for boomer divorce different from younger counterparts

DEB NICKLAY

Globe Gazette

Young divorcees may spend a lot of time negotiating issues regarding child custody, visitation and support — but baby boomer divorce can be a whole different matter. Social Security benefits, retirement savings, pensions — and debt — are all major considerations when considering divorce.

Gender plays a large part in older divorce, North Iowa attorneys agreed. Women who have divorced after a many-years marriage sometimes have little or no job experience, said Hampton attorney Mike Cross. “Who, for whatever reason, may have stayed home to raise children and have only worked small jobs, if any ... spousal support then becomes a big issue,” he said. Mason City attorney Rich Piscopo agreed. Younger couples will worry about their children; older couples will worry about money.

Source: http://www.globegazette.com/articles/2009/11/01/news/latest/doc4aed147d5d1a6224372244.txt#vmix_media_id=7072564