News for hackers. Stuff that matters.
Re:The U.S. Divorce Rate Has Hit a 50-Year Low by toomuchtodo on Wednesday November 11, 2020 @11:18AM (#25059584)
Not the best term for folks who are content in their relationship, but yes. Once your relationship has made it past the climb phase, economically speaking, you have a lot of altitude to deal with issues once you're at cruise altitude. "Growing apart" and financial reasons are the top causes of divorce [1] (infidelity and addiction are still substantial but minority causes). Divorce is one of the most financially devastating events that can occur in your life (besides unexpected medical expenses), so there are incentives once you're married and financially successful to remain married [2].

Commitment and "sticking it out" is a topic onto itself. Love is sacrifice and marriage is a (hopefully rewarding) job (personal opinion, YMMV, this paragraph comes from several years of counseling and ~15 years of marriage). You want a cofounder who is going to work on the relationship and and stick it out with you, not one who is going to bounce whenever life gets hard. Marriage is just enough friction to not leave on a whim, but not so much friction you can't dissolve the partnership when necessary.

[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4012696/ (Reasons for Divorce and Recollections of Premarital Intervention: Implications for Improving Relationship Education)

[2] https://www.bloomberg.com/news/articles/2019-07-19/divorce-d... (Divorce Destroys Finances of Americans Over 50, Studies Show)

Re:The U.S. Divorce Rate Has Hit a 50-Year Low by ryandrake on Wednesday November 11, 2020 @01:44PM (#25061402)
> Divorce is one of the most financially devastating events that can occur in your life (besides unexpected medical expenses)

I agree with your overall comment. It should be pointed out that, other than lawyer costs, divorce tends to be zero sum. So if it is financially devastating for one party, it tends to be a financial windfall for the other. Divorces can be equitable, or they can be lopsided, but don’t net destroy much value unless the parties are spiteful and deliberately destroy their own value.

Re:The U.S. Divorce Rate Has Hit a 50-Year Low by Analemma_ on Wednesday November 11, 2020 @02:19PM (#25061810)
> It should be pointed out that, other than lawyer costs, divorce tends to be zero sum.

What? No. After a divorce, total costs across both parties go up because resources can no longer be shared: one party needs new housing, possibly a new car, possibly needs to get their own health insurance rather than being on the other's plan, etc. Not to mention both parties have to buy anew whatever goods (cookware, television, etc.) the other person got.

Even completely amicable divorce destroys a tremendous amount of wealth.

Re:The U.S. Divorce Rate Has Hit a 50-Year Low by StillBored on Thursday November 12, 2020 @11:53AM (#25071732)
Which actually extends to multi-generation families (and roommate situations), and sometimes explains how they survive at all.

Cramming 4 working adults into a two bedroom house is a big efficiency increase. So the first thing a newly single person should be doing is looking for a roommate to share a tv and washing machine and 1/2 the cost of housing.

That said, I can't think of a single case where anyone I knew in their 30-50's who got divorced did anything but go out and buy their own personal house to live in by themselves.

Re:The U.S. Divorce Rate Has Hit a 50-Year Low by toomuchtodo on Wednesday November 11, 2020 @01:48PM (#25061446)
> but don’t net destroy much value unless the parties are spiteful and deliberately destroy their own value.

I see this more often than one would expect. Most recently (older, but not senior, couple married for decades), one party did not agree with the other (amicable party offered 50/50, other party was spiteful), and ~$200k in value was destroyed through legal fees...to arrive at a 50/50 split.

Divorces can be amicable, but the frequency of this happening is not insignificant. Without a prenuptial agreement, you're rolling the dice. Do you feel lucky?

Re:The U.S. Divorce Rate Has Hit a 50-Year Low by rayiner on Wednesday November 11, 2020 @02:44PM (#25062103)
This is absolutely not true for middle class people. Having to divide up households is extremely expensive and even when no money changes hands it can destroy peoples' standard of living. I watched this happen in my own extended family in just the last few years.
Re:The U.S. Divorce Rate Has Hit a 50-Year Low by jeegsy on Thursday November 12, 2020 @08:55AM (#25069831)
> You want a cofounder who is going to work on the relationship and and stick it out with you, not one who is going to bounce whenever life gets hard.

AMEN! I could not agree with this statement more. If people had a firm grasp of this concept, the divorce rate will be even lower or maybe some might even decide not to marry in the first place cos they are too self-centered for that level of sacrifice.