Divorce Is Costly. Divorce in Retirement Is Costly and Complicated.
Few things savage your personal finances more than divorce. The closer you are to retirement, the worse the damage.
“You’ve got a couple that planned their whole retirement to look one way,” says Nancy Hetrick of Phoenix, a divorce financial analyst, “and now the same money that was going to do one retirement has to do two of them.”
This excellent blog posting by Neil Templin in Barrons talks about the impact of "grey divorce."