I think it's really one of these really simple stories that two can live cheaper than one.
More Quotes from Jay Zagorsky:
Perception does not match reality. People don't want to admit they're doing terrible.Jay Zagorsky
Some people may also be working less and not trying as hard to build wealth as they have marriage troubles. Divorce is often a long and messy process.
Jay Zagorsky
Many of these people may have separated before the divorce became official, which would help explain why wealth starts falling so early. Some people may also be working less and not trying as hard to build wealth as they have marriage troubles. Divorce is
Jay Zagorsky
Some of that effect is due to economies of scale ... that is, two people can live more cheaply than one.
Jay Zagorsky
We can't tell from these data the reasons why divorced people have so much less wealth than those who are married. If you really want to increase your wealth, get married and stay married.
Jay Zagorsky
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