Salient to Investors:
- More than half of US adults are single versus 37% in 1976.
- Singles need bigger emergency funds more insurance protection.
- Couples who wait to have kids in their 30s end up with three big financial burdens all at once: retirement planning, saving for a house and saving for college.
- People are less likely to be declined long-term care insurance coverage in their late 40s and early 50s.
- The overall divorce rate has doubled since 1990 for people over age 50.
- Eric Klinenberg found that many older singles, especially women, were just as happy and more social than married peers.
Read the full article at http://www.bloomberg.com/news/2014-09-09/financial-strategies-for-the-new-single-majority.html
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