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by toomuchtodo
1614 days ago
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Only if you have kids, which less people are doing. Having kids and a partner myself, if I have to choose between fixed child care costs for a window of time, or perpetual alimony and splitting assets in half, I'd prefer the former purely from an economic perspective. Marriage itself is the opportunity cost, and it's crucial to contain/insure against liability to ensure life sucess. 67 percent of relationships fail [1], so when asked for advice, I advise people not to get married (and the data shows cohorts adopting such choices [2]). Live together (non community property jurisdiction), have kids together (if you accept the financial and parental liability), but getting married is betting half your stuff and a substantial amount of future earnings things will work out (when the data shows it does not work out the majority of the time). [1] The Science of Happily Ever After: What Really Matters in the Quest for Enduring Love (Page 13, https://web.archive.org/web/20220122024837/https://i.redd.it...) [2] https://ourworldindata.org/marriages-and-divorces#marriages-... (edit: US centric) |
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Your second link has much more meaningful data on this: yes, marriages are getting later in life and more people and choosing not to marry. However, divorce rates are lower than the 70s and marriages are generally lasting longer. If you consistently advise people not to get married out of some misplaced fear of having to split assets in half, that seems a bit myopic. It seems like a more complex issue.