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Asset Preservation Advisors




City:Atlanta

State: GA



BIOGRAPHY:
APA’s philosophy is to work closely with our clients to develop an in-depth understanding of their unique needs and objectives. We then customize a municipal bond portfolio that best meets their specific goals and needs. APA manages high quality municipal bond portfolios in four strategies: Short-Term, Intermediate-Term, High Income, and Taxable.

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Never Marry or Marry Again?

Lifestyle changes, the increase in divorce and longer life expectancy change the statistics about marriage in America.   

| BY Kent McDill

In the United States today, there are more people who never marry, and more people who marry again than ever before.

According to Pew Research, 20 percent of Americans over the age of 25 have never been married, and that is the highest percentage since Pew Research Center began analyzing marriage data. For comparison, in 1960 only 9 percent of Americans over 25 had never been married.

The causes for this change include adults marrying later in life, as well as the rise of adults cohabiting and raising children without marriage. The median age for first marriage is up to 27 for women and 29 for men (in 1960 it was 20 for women and 23 for men).

For African-Americans in 2012, 36 percent over the age of 25 had never been married, four times the 9 percent of unmarried African-Americans in 1960. For Caucasians, it is 16 percent and for Hispanics it is 26 percent.

Despite the increase in non-marrieds, 53 percent of unmarried adults want to get married at some point. Sixty-eight percent of Americans believe people who plan to live together forever should get married.

Meanwhile, another Pew Research study showed that in 2013, 40 percent of marriages included at least one partner who had been married before, and 20 percent were marriages between two people who had been married previously. It is estimated that 42 million Americans have been married more than once, an increase of almost 100 percent from the 22 million in 1980.

The rise in remarriage stems from two factors – the increase in divorce between first-time marrieds and the aging of the population, making more widows and widowers alive and well and looking for new partners. Twenty-three percent of Americans currently married have been married before.

The Pew research shows that previously married single men are more interested in remarrying than previously married single women. Sixty-five percent of previously married men either want to get married again or are open to the idea, while only 43 percent of previously married women say they want to remarry or would consider the option.



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.