Splitting up drops wealth by 77%.(Divorce)(Brief article)

USA Today (Magazine) | April 1, 2006 | Copyright

Divorce reduces a person's wealth by 77% compared to that of a single person, while being married increases comparative wealth by 93%. Moreover, people who get divorced see their wealth begin to drop long before the decree becomes final, maintains research scientist Jay Zagorsky of Ohio State University, Columbus.

"Divorce causes a decrease in wealth that is larger than just splitting a couple's assets in half," he asserts. By the same token, married people see an increase in wealth that is more than just adding the assets of two single people. "If you really want to ...

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