Are Millennials Saving the Institution of Marriage?
Listen now
Description
Millennials coming to the rescue of the great institution of marriage -- thanks to younger couples getting married later, say experts -- the nation's divorce rate is on the decline, dropping by 18 percent between 2008 and 2016. The researcher Philip Cohen says millennial marriages are more stable because their lives are in greater order when they tie the knot. "We see people getting married at older ages, people getting married with college degrees already. They are less likely to be already divorced or have children when they get married, both of which are risk factors for divorce." Here are the takeaways: The University of Maryland study shows that a 35-year-old millennial today is more likely to hit his or her fifth wedding anniversary than a 35-year-old gen x-er was in 2008. The researcher Philip Cohen says millennial marriages are more stable because their lives are in greater order when they tie the knot. "We see people getting married at older ages, people getting married with college degrees already. They are less likely to be already divorced or have children when they get married, both of which are risk factors for divorce." The divorce rate could decline even more in future years as marriages become more selective, rarer and more stable. Recent divorce rate increases have been fueled by the "gray divorce boom" among baby boom Take a listen to the podcast! Follow me on Twitter @gerriwillisFBN and on Facebook, where my handle is GerriWillis. You can also find me on Instagram at Gerri_Willis. Bottom line, I want to hear from you! What money issues do you want to explore? Tell me and we will get it on the podcast. Have a great day and remember, Rich is NOT a Four-Letter Word! If you enjoyed this podcast, leave a review!
More Episodes
Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. I'm Gerri Willis with the Fox Business Network. Tax Day 2019 is fast approaching and this year, more than ever, you'll want to take special care with your filing as this is the first year that tax reform takes effect. Kathy...
Published 04/09/19
Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. I'm Gerri Willis with the Fox Business Network. This week golf history will be made as the inaugural Augusta National Women's Amateur event gets underway at Augusta National , the home of the season-starting PGA major, the...
Published 04/03/19
Welcome to Rich is Not a Four-Letter Word, the podcast for your wallet. I'm Gerri Willis with the Fox Business Network. Ellen Latham is the founder and CEO of OrangeTheory Fitness, the highly successful gym franchise that is taking the country by storm. Latham, an Exercise Physiologist, is...
Published 03/28/19