We've been together 11 years, and we have a mortgage and a child together. It seems like a wedding now would just be a bit weird. I'm probably too inflexible, judgmental, and selfish.
I'm not like that with my close family and friends, but I can't get that far with another person. Warner Bros. Even some seniors don't want to have to deal with the confines of marriage, says Schoen of MotivatedtoMarry. If one of the individuals is on a program such as Medicaid, the likelihood of being kicked off the program is very high if they decide to get married, said Marie McKinney of The Hive Law, Atlanta Divorce Attorneys.
And even worse, sometimes the extra income is just enough to disqualify you. In the past, a married couple received less of a standard tax deduction than two single people cohabitating, explained Darne, author of "My Cat Won't Bark. Commingling finances can have a variety of consequences, including impacting a good credit score if one partner has less than stellar credit.
It's no secret that as we age, our medical expenses almost always increase, and quite significantly at that, particularly when a catastrophic or long-term illness occurs.
Seniors often decide not to remarry in order to avoid being responsible for the burden of their significant other's healthcare expenses. In some cases, getting remarried can spell the end of any alimony payments one may be receiving from a previous relationship. Some divorce decrees may state otherwise, but often, remarrying can put such income at risk. For those seniors who are still supporting a child, remarrying could substantially increase household income and thus impact any college financial aid a child may be eligible to receive.
Federal financial aid applications take the incomes of both spouses into consideration, even if one is not the child's biological parent. The widows or widowers of military members often receive benefits such as health care, pensions, and the ability to shop on military bases for food and consumer goods at a significant discount, all of which can be lost when remarrying.
Have you noticed, indeed, that you've been invited to fewer weddings lately? It might be because you've been known to misbehave when the good wishes and champagne flow. Let's turn, then, to the large brains at Cornell University to enlighten us as to why.
Yet that same Pew Research poll cited another important aspect:. This study reveals large deficits in the supply of potential male spouses.
Long-term plans can't be made. Marriage is but a concept from another time and place. Yet there's another way in which equality is being achieved.
Slowly, women are earning more. Sponsored Business Content.
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