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This is why baby boomers are divorcing at a stunning rate
Market Watch ^ | 08/19/2017 | Angela Moore

Posted on 09/06/2017 7:15:26 PM PDT by BJ1

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To: BJ1

Men with assets can easily solve that problem with the pre-nup, which is what people with assets actually do.

It is also a mistake to think that after 40 years of marriage that the assets are somehow taken from the man and given to the woman. That is a result of equal property laws, not no fault divorce. No fault divorce just allows the divorce to occur over the objections of the non-faulting spouse.

As more women spend more years in the workforce and fewer years as unpaid housekeepers, they have more assets they earned for themselves and that makes divorce easier for them. If you have your own 401K, savings, property and pension and a good job, menopause makes putting up with a jerk really, really hard.

Suspect the same is true for men, if their previously pleasant wife gets cranky for a spell, they will probably overlook it, but if their high maintenance hillary clone suddenly seems to be roid raging 24/7, well, they may just move out and move on.

I’ve been a housewife for the past 25 years and if somebody told me that I didn’t equally contribute to our assets and didn’t deserve an even share, I would tear their head off and use it for a chamber pot.

And no, I don’t think the younger generation pays attention to the older generation anymore than I did when I was young, on average. Smart people learn vicariously regardless of their age and stupid people don’t. They just keep doing the same stuff and expecting different results.


101 posted on 09/07/2017 2:54:20 PM PDT by Valpal1 (I am grown weary.)
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To: Harmless Teddy Bear

I think when one person dies you have a choice....take half of spouses or keep all of your own.

Before then, AFAIK, each person gets full amount, married or not.


102 posted on 09/07/2017 3:30:08 PM PDT by Aria (i)
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To: Valpal1

>>>If you have your own 401K, savings, property and pension and a good job, menopause makes putting up with a jerk really, really hard.<<<<

I hear you telling me the more likely a woman is to be financially independent of her husband, the more likely she will be to divorce him. Because as you say, putting up with a jerk is really really hard. Alimony and child support would contribute to a woman being able to be financially independent. Thus, by your own argument, I think you are agreeing that alimony/child support increase divorce rates.

And how do the children, nieces and nephews watch the ensuing divorce and not have it affect them? I can’t imagine a son watching his dad have to leave the marital house, downsize into some crappy apartment not affect him. The logical conclusion to make is that marriage is very risky.

A poor housewife/waitress (when she goes back to work) will have considerably more or less assets depending on the income of her husband, should they divorce. So I’m not really buying your argument that women aren’t taking a man’s assets. I can meet you halfway and say it’s a shared asset. But in a divorce, you can’t both share anymore. The house being the prime example.

You could think the present system is completely fair. Women deserve what they get. I’m not arguing on this topic one way or the other. I’m only saying marriage is a dying institution and this is one of the contributing factors.

FYI prenups are garbage. They get tossed out of court so often as to not be considered reliable. One way that seems to make them tossed out is if they do not expire. Thus prenups today usually have an expiration date of 5 to 10 years. Janet Jackson just got a big divorce settlement right after being married for 5 years, when her prenup expired.

You might not like how some men treat women. And thus like it when the wife gets a nice settlement. But women are not saints either. Men often get stuck in a sexless marriage, or find that their wife nags them constantly. One day many men will come home and get blindsided by the “I’m not in love with you anymore” speech and handed divorce papers. Unless men want to be married, they will just date women endlessly. We already read news stories that women find fewer and fewer men to settle down with and raise a family. Progress for women or misery for all?


103 posted on 09/07/2017 3:31:42 PM PDT by BJ1
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To: txrefugee

You can always go to The Villages and fornicate in your old age. Brilliant..../s <-———


104 posted on 09/07/2017 3:32:39 PM PDT by hawg-farmer - FR..October 1998 (---->VMFA 235 '69 -'72 KMCAS <--- F4 PHANTOM... FLYING BRICK)
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To: BJ1

Just turned 65, still employed as a CAD Engineer, no medication required, no Medicare required, epitome of Health,ride My FULL DRESS Hog to work every day, going on 2 week Vacation soon, on TOP OF THE WORLD! P.S. Never Married. he he


105 posted on 09/07/2017 3:36:08 PM PDT by hawg-farmer - FR..October 1998 (---->VMFA 235 '69 -'72 KMCAS <--- F4 PHANTOM... FLYING BRICK)
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To: BJ1

First of all we are talking about Boomers. There is little or no child support because our children are mostly adults at this point. Houses are frequently sold and the equity evenly divided. All the women that I know who kept the family home had to take out 2nd mortgages to buy out their ex’s equity.

Alimony these days is temporary or non-existent unless the woman has literally never worked and the husband has a pension or is still working. Otherwise, they will simply be splitting assets if they are retired. If they are both still working, there is no alimony.

You keep bringing up men losing their assets, but the statistics say otherwise, that men do better financially after a divorce and women do better emotionally.


106 posted on 09/07/2017 5:21:44 PM PDT by Valpal1 (I am grown weary.)
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To: Valpal1

I have heard that men start to earn more after a divorce. But in this demographic I’m not sure that matters. The man is either retired or he’s nearing the end of his career. Would an older man do better with 10 solid years of income (and that is optimistic because not every man’s income peaks at the end of his career) than he was at the start of his divorce and losing half his assets?

I suppose VAlpal1 could be right if the man’s married lifestyle is living mostly paycheck to paycheck. And afterwards he’s able to minimize and start to save. Otherwise, wouldn’t the typical gray divorce lead to both the man and woman becoming poorer?

My mother divorced her 2nd husband. Her lifestyle took a small hit but she found another man to replace him. The 2nd husband meanwhile is living in apartment now, in another state where the cost of living is cheaper. He got emotionally wrecked and ended up retiring early. I’m sure most guys don’t take it hard like that, but he’s in a small apartment and my mother is still in the house she shared with him....and now has another man there to help with the bills.


107 posted on 09/08/2017 7:36:44 AM PDT by BJ1
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To: BJ1

“I’m sure most guys don’t take it hard like that”

I don’t know the statistics, but I have the impression that it’s not rare.


108 posted on 09/08/2017 5:00:54 PM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
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To: Harmless Teddy Bear

I do not think that is true, each person draws SS on their work record $$, not because they went on SS at same time. At death, there may be a change in what survivor draws. I think they get to choose their SS or their spouses.

For women, the man usually has earned more and that is the choice, if they were married ten years or more. Some rules have changed in past few years, so checking with Social Security might be necessary.


109 posted on 09/21/2017 4:37:10 AM PDT by Ambrosia
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To: arthurus

https://www.ssa.gov Go to Social Security Website and it will answer your questions. Hit Menu to find area you want answers from.


110 posted on 09/21/2017 4:48:37 AM PDT by Ambrosia
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