The title comes from an article in Bloomberg today about the financial fallout of gray divorce. I realize I'm fortunate in that regard, in that I was in a high income marriage, restarted my career on a small level before my divorce, and between my current income and alimony am not too far below what I might have been making if I hadn't been mommy-tracked in my career. Of course the retirement income won't go nearly as far for two separate households as it would have for one, but I was in a community property state and I will be able to manage my retirement ok when the day comes. It's not the more luxurious life we would have had if we'd stayed married but I consider myself fortunate.
One thing the article say is that basically, the way to recover financially is to couple back up. Yet most women do not - some due to the lack of available men that aren't looking to date younger, some because they don't desire remarriage. (I most definitely do not want to marry again although I would like a long term monogamous partner). I guess if I dated a guy who had an equal amount of money we could together have that more luxurious retirement - so far, none of my dates have come close to that financial stability and that's a problem with boomers too, too many haven't saved for retirement.
I think one thing we can do here though is encourage people, especially women, to look after their financial interests even when in the midst of the chaos, and create financial stability for themselves going forward.
Things that helped me: Frugality - I'm not as frugal as I could be, but have always been generally good at managing my budget, prioritizing my spending, I'm a big fan of Your Money Or Your Life (book) and Mr. Money Mustache (blog). If you weren't the money manager in your marriage, educate yourself now.
Work - this time of reinvention is also a good time to up your game as far as career goes. I've seen so many people here do just that - I think DBing principles and the support of this group play a big role in that.
Plan - for retirement. Even if you're only in your 30's you should be thinking with that in mind. If you're late in life and don't have much time to save up for retirement you can still get creative about where you will live to lower your costs. (Think expats living in inexpensive countries on their social security checks and such).
Golden Girls - the fact that partnering back up rescues people from the financial fallout of gray divorce according to the article, doesn't mean that you have to couple back up. Much of those financial savings could be realized by co-housing - sharing expenses with friends or room mates. I don't know why more people don't do that. Good friends or family can fill in the holes left by a romantic partner's exit.