Baby boomers are divorcing at an unprecedented rate, but why is it happening?
First, people are much healthier and are living much longer than retirees did in the past. That means that rather than spending a few years of retirement with a spouse they may not like, people now have to spend a few decades with the person. Considering that these baby boomers may have just spent the past 10 to 15 unhappy years together for their children's benefit, divorce may be seen as a much better option.
Lili Vasileff is a certified financial planner and president of Divorce and Money Matters. She said, "What’s pushing gray divorce is people are living longer and they feel more entitled to living fully. They’ve contributed to raising children, they want an emotional journey, it’s their time now. They may have (decades) ahead and don’t want to be unhappy anymore."
Furthermore, the stigma of divorce has been drastically reduced in recent years.
Read the full story at MarketWatch
Women are dropping out of the workforce at staggering rates and the reason likely is not what you'd expect.
The statistics show that the women that are leaving the workforce are not those that have become mothers and are choosing to stay at home with their children. In fact, it is is single, childless women that have fallen out of the workforce.
Women and men are actually facing the exact same issue when searching for jobs. Middle-class jobs are few and far between, and low-class jobs just are not worth the work.
Read the full story at Los Angeles Times