Some of that effect is due to economies of scale ... that is, two people can live more cheaply than one.
More Quotes from Jay Zagorsky:
If you really want to increase your wealth, get married and stay married. On the other hand, divorce can devastate your wealth.Jay Zagorsky
Divorce causes a decrease in wealth that is larger than just splitting a couple's assets in half.
Jay Zagorsky
Even a decade after divorce, the median wealth stays below 10,000.
Jay Zagorsky
Getting married for a few years and then getting divorced is clearly not the path to financial independence.
Jay Zagorsky
Perception does not match reality. People don't want to admit they're doing terrible.
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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