Not necessarily, but the chance is higher than at younger ages, mainly because chromosome errors in eggs become more common. In pooled data from many studies (Lancet 2021), about 37 in 100 recognised pregnancies at age 40 to 44 ended in miscarriage, so around 6 in 10 did not. At 45 and over the figure was about 65 in 100. The older Danish figures used by the RCOG are higher, about 51 in 100 at 40 to 44.
These figures cover all pregnancies. The same pooled data show the chance also rises with each previous miscarriage, so your own history matters as well, and our specialists can talk through what the numbers mean for you. Miscarriage statistics explains why different studies give different numbers.