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- Established Routines Are Hard To Break. Marrying later in life can be difficult because you may have already established your own independent life and routine.
- There May Be Too Much Baggage. Marrying later in life can cause problems because you may have more baggage, such as ex-partners, children from previous relationships, or financial obligations.
- You May Be Set In Your Ways. Marrying later in life can be difficult because you may be set in your ways and find it difficult to compromise or make adjustments for your partner.
- The Energy Factor. Aging can have its challenges, especially when it comes to keeping the spark alive. As we age, we may have less energy and stamina, which can make it more difficult to keep things exciting.
Learn why more and more people are choosing to get married later in life, and how it can be a positive decision. Explore the factors that influence the age of marriage, such as gender roles, sexual compatibility, family structures, and finances.
- Sharing Costs and Assets
- Sorting Out Estate Plans
- Preserving Your Benefits
- Weighing The Tax Bite
- In Sickness and in Health?
Living together means either you start fresh in a new place or one of you moves into a partner’s home. The latter isn’t unusual for older couples, but unmarried couples need to take extra steps to protect their interests. If one partner—say, the woman—isn’t on the deed, her property may not be protected by the owner’s homeowners insurance, says Rus...
Tom Blake, 75, author of How 50 Couples Found Love After 50(Tooters Publishing), has lived with his partner, Greta Cohn, for 14 years. For the first 13 years they lived together, Blake and Cohn lived in Cohn’s Orange County, Calif., home. Blake rented out his home in Dana Point, Calif. After his tenants moved out last spring, they decided to move i...
Many older couples decide not to get married because they don’t want to lose spousal Social Security benefits or a former spouse’s pension, says Lili Vasileff, a certified financial planner and president emeritus of the Association of Divorce Financial Planners. Divorced spouses are eligible for Social Security benefits based on their ex-spouse’s e...
In recent years, Congress has tried to make marriage less taxing for couples and, to a great extent, it has succeeded. Many young couples who tie the knot pay less in federal income tax than they would if they had stayed single. If both spouses are in the 28% or higher tax bracket, though, their combined income could trigger a marriage penalty. The...
The high cost of health care—particularly long-term care—can create one big disincentive for older couples to get married. Once you wed, you are responsible for your spouse’s medical debts, says Howard Krooks, a past president of the National Academy of Elder Law Attorneys. If your spouse ends up in a nursing home, the cost could deplete your estat...
May 29, 2024 · Considering a late-in-life marriage? Before you and your partner combine your financial lives, here are some important things to keep in mind.
Mar 22, 2013 · Upper-class women reap a large wage premium from delaying marriage — a college-educated woman who marries in her 30s earns over $15,000 more annually than a woman who marries in her early 20s, and...
Jul 11, 2023 · More Americans are marrying later in life, if they marry at all. NPR's Michel Martin talks with sociology professor Susan Brown about shifting attitudes toward marriage in American society.
A 2022 study noted a sharp rise in the rate of adults in midlife (ages 40 to 59) getting married for the first time. B. Lynn Goodwin of California was even older. She met her husband online in...
