The Wall Street Journal reports on how inflation is widening the money gap between young married couples and singles.
The median net worth of married couples 25 to 34 years old was nearly nine times as much as the median net worth of single households in 2019, according to the most recent data from the Federal Reserve Bank of St. Louis. In 2010, married households’ median net worth was four times as much. And now, after a spell of rapid inflation and more than two years of pandemic living, single people are getting left further behind, say economists at the Fed and elsewhere.
As previously noted here by Dan McLaughlin, research by W. Bradford Wilcox and Lyman Stone points to the higher rates of sexual fidelity, commitment, and relationship quality among religious Americans who marry in their twenties without cohabitating first. Add financial stability to the list.