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.
More Quotes from Jay Zagorsky:
Divorce looks like one of the fastest ways to destroy 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
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
While men come out slightly ahead, divorce destroys wealth dramatically for both sexes.
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
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