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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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You Are On Your First Marriage?

Only 3 percent of Americans over the age of 70 have never been married.

| BY Kent McDill

After years of hearing that 50 percent of marriages in America end in divorce, we now know what many of those divorced people do: They get remarried.

From the United States Census Bureau’s American Community Survey comes news that almost 25 percent of all married U.S. adults are on (at least) their second marriage and almost 4 percent have been married three or more times.

From the new report Remarriage in the United States, data collect between 2008 and 2012 showed the marital status of America’s population, as well as marriage statistics for socio-economic factors and for certain geographic areas.

During those four years, 58 percent of marriages were a first for both spouses. Almost 19 percent of marriages in that time involved both spouses marrying for at least the second time. Almost 3 percent of marriages in that four-year period involved both spouses marrying for at least the third time.

The highest percentage of men married three times or more is among non-Hispanic white males between the ages of 55 and 64, with 8.9 percent of those married at least once having at least three marriages. Only 1.9 percent of Asian males of the same age have married at least three times. Nine percent of non-Hispanic women against 55-64 were married three or more times.

Almost 47 percent of African-Americans aged 15 and above have never married. Only 25 percent of non-Hispanic white Americans have never married. Sixty-six percent of all American men and 72 percent of American women had married at least once.

Other key takeaways from the report include:

·         Approximately 70 percent of adults with personal incomes of at least $100,000 married only once.

·         Arkansas has the greatest rate of remarried citizens, with 35 percent on their second marriage, while New Jersey has the lowest percentage of remarried citizens (16 percent).

·         Only 3.7 percent of males over 70 had never married, and only 3.9 percent of females over 70 never tied the knot.

 

 



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.