Marriage Counseling: Marriage Is Good For Your Health, Wealth, And Happiness - part 2

by Barbara Bartlein, The People Pro

Is Your Marriage in Trouble?

*At retirement, a typical married couple has accumulated about $410,000 compared to about $167,000 for never married, about $145,000 for divorced and just under $96,000 for the separated.

*Spouses have better health and life insurance coverage.

*The married have increased access to pensions and social security.

*Being married provides "insurance." In case of death, spouses almost always leave their worldly goods-Social Security and pension benefits to their wives or husbands. By getting married, spouses create an "annuity value" that is equal to increasing one's wealth by 12-14 percent at age thirty and by 30 percent at age seventy-five compared to staying single.

*Married people behave more responsibly about money because they have more responsibilities. By pooling money, labor, and time, married people create far more opportunities for building wealth.

 

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*There also is a value to IN LAWS-They tend to help a family when needed. In laws also provide potential access to inheritance. About 29% of married couples received financial help from in-laws and about a quarter of families with children received financial transfers in the past five years.

In spite of the jokes and comedy routines, married folks also tend to be happier than their single counterparts. Married men and women report less depression, less anxiety, and lower levels of other types of psychological distress than do those who are single, divorced, or widowed.

*Widowed and divorces persons are about three times as likely to commit suicide.

*Marital status is one of the most important predictors of happiness. 40% of the married said they are very happy with their life in general, compared to just under a quarter of those who were single or who were cohabiting.

The commitment to make marriage a priority will have a tremendous impact on your life. The success prescription for health, wealth and happiness: Work as hard on your marriage as you do on your career.

Copyright (c) Barbara Bartlein, The People Pro


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