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Alimony is temporary and fixed, whereas careers are not only life-long, but have compounding growth. There is a significant financial gap between a divorced wo
by itake 1y ago
Alimony is temporary and fixed, whereas careers are not only life-long, but have compounding growth.
There is a significant financial gap between a divorced woman in her 50s with only five years of alimony remaining and a career woman in her 50s with a $400,000 401(k) balance.
- deleted 1y ago[deleted]
- kevin_thibedeau 1y agoWestern Marriage is a contract where one party is rewarded for breaking the terms. The low marriage rates of Millennials / Elder Z [1] are indicative of this new world order. It isn't just "because men!!". [1] https://old.reddit.com/r/MediocreTutorials/comments/18lhait/marriage_rates_are_declining_could_it_just_be_a/ https://old.reddit.com/r/MediocreTutorials/comments/18lhait/...
- epicureanideal 1y agoYou forgot to mention child support which is for up to 18 years. Also, nothing stops the woman from having a career, especially if she cooperatively shares 50/50 custody, but often they prefer aiming for nearly 100% custody because it increases their child support payments, and then still have the option to cry victim that they’re a single mother despite getting thousands of dollars a month and they’re actively preventing the father from being involved with the kids. Happens a lot. As for a stay at home mom who doesn’t get divorced, she doesn’t need to be entirely stay at home for all 18 years.. kids go to school at 5 and can go to after school programs if necessary while she works. A couple years before that if the kids are in pre school she could get a degree or masters degree or work part time. So the career gap could be minimized.
- bethekidyouwant 1y agoChild support is until the kids become independent not 18 years, which I don’t know if you’ve checked these days but kids stay at home indeterminately
- epicureanideal 1y agoProbably depends on the state, but last time I checked it was until 18 or high school graduation, but not later than 19, in the state I’m familiar with.
- redeux 1y agoIn my state Alimony is neither temporary nor fixed, depending on the length of the marriage.