Delaying Marriage Literally Pays Off For Women
3:45 pm, March 19th | by Meredith Lepore
Good news single ladies! You are actually giving yourselves more economic benefits by putting off marriage. On average, brides are 26.5 years old and grooms are 28.7 when they head to the altar, according to the authors of the report, “Knot Yet,” which was released Friday by the National Marriage Project at the University of Virginia. According to the study, young people who finish their education, get established in their careers and then get married are better off financially. This explains how the girls on Sex & the City were able to dress so well.
The marriage delay helps both women and men but it helps the ladies even more (plus one!) From The LA Times:
“Those who finish college and get married after turning 30 earn $18,152 more per year, on average, than women who marry in their 20s or teens. Even women who are high school graduates but don’t finish college earn $4,052 more per year, on average, than women who marry when they’re younger.”
Plus, when you get married later, it usually means you will stay married, according to the report. People who get married when they are over the age of 30 may know themselves better than their younger counterparts and will be more mature in their relationship. An estimated 40% of marriages end up in divorce, down from 50% 30 years ago.
Another big part of this could be that women don’t need husbands in the way that they used to which could be a major factor as to why the number of single adults rose to 50% in 2010, compared to 33% in 1950, according to census data. In her famous “All The Single Ladies” Atlantic article Kate Bolick writes, “according to the Pew Research Center, a full 44% of Millennials and 43%of Gen Xers think that marriage is becoming obsolete.” Of course, many women do want to get married, but aren’t approaching it like generations before them did. Bolick also mentions that women no longer need to “marry up” in order to get ahead. Now women are the “up.”
“Everywhere I turn, I see couples upending existing norms and power structures, whether it’s women choosing to be with much younger men, or men choosing to be with women more financially successful than they are (or both at once). “
Pretty amazing, no?