10/20/2014 10:01 am ET Updated Oct 20, 2014

Breaking Up Before Retirement Is Hard To Do

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Divorce rates for most age groups have leveled off, but for people age 50 and older, it's higher than ever.

Today 1 in 4 divorces is a couple over 50 untying the knot—about double what it was 20 years ago, according to the National Center for Family and Marriage at Bowling Green State University. Though divorce at any age comes with financial consequences, it's particularly fraught when retirement is in the crosshairs.

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