Wednesday, January 18, 2006

Marriage Brings Wealth, Divorce Steals It

A new study confirms what any divorced person probably suspected: Scrapping a marriage robs you of wealth.

But the misfortune is more severe than merely divvying up the goods.

The study of about 9,000 people found divorce reduces a person's wealth by 77 percent compared to that of a single person.

Likewise, getting married makes people richer by more than just adding their assets together. Each married person, on average, sees his or her wealth nearly double. Married people increased their wealth about 4 percent per year just as a result of being married

( US figure may be applicable to some other countries, but not to countries where housing, cars and other expenses is high )

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