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by cimmanom 2998 days ago
How is marriage an income strategy?
4 comments

Getting married is, without a doubt, by far the best financial decision I've ever made. I doubled my income and only very marginally increased my living expenses. I'm saving more money now that I ever thought would be possible, and that savings generates income in itself as capital gains and dividends which is reinvested and compounded. It's friggin amazing! After several years of marriage our passive income (dividends and capital gains) has become significant.

That being said, I wouldn't advise doing it solely for financial reasons. :)

You would?
Woah, Whoops! Typo - wouldn't. Fixed, thanks.
The tax benefits are also quite nice. The tax bracket thresholds basically double.
My guess, he is talking about having 2 incomes instead of only 1.
I guess one method is to marry a rich man/woman.
I wasn't exactly blessed with good looks. That would not be a passive strategy for me, considering how much time I'd have to spend at the gym.

Can I hire a younger, better looking guy to go marry a rich lady and send me back dividends?

No, that would constitute sex trafficking these days.
If he's skilled enough he can build a clone/android that looks better than him and sends it marry rich old ladies ;-)

This message comes from 2080.

Great if your better half is a millionaire...