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Old 07-21-2013, 07:13 PM
 
15,631 posts, read 26,112,792 times
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Quote:
Originally Posted by hartford_renter View Post
According to Wikipedia the divorce rate is 53% in the US

That is the rate at which a sample of married people get divorced
It's a simplification of statistics. First marriages have a lower failure rate, but of those marriages that fail, a vast number of those people remarry and each remarriage has a higher failure rate. If you are marrying for the fourth or fifth time -- it will fail.

 
Old 07-21-2013, 08:39 PM
 
1,924 posts, read 2,363,056 times
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Quote:
Originally Posted by hartford_renter View Post
According to Wikipedia the divorce rate is 53% in the US. That is the rate at which a sample of married people get divorced
What a horrible mistake for a "numbers person" to make. That is the ratio of the crude divorce rate per thousand in 2011 (3.6) to the crude marriage rate per thousand in 2011 (6.8). These are unrelated numbers. Their ratio says exactly nothing about the probability that a given marriage or a given year's worth up marriages will end in divorce. What they say is that the sum of all of the marriages that occurred in 2011 and in all prior years resulted in a number of divorces per thousand during 2011 that was 53% of the number of new marriages per thousand that occurred in 2011. This is pretty basic stuff to be completely confused by.

Last edited by oaktonite; 07-21-2013 at 08:49 PM..
 
Old 07-21-2013, 08:44 PM
 
Location: California
37,042 posts, read 41,967,329 times
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Quote:
Originally Posted by Tallysmom View Post
It's a simplification of statistics. First marriages have a lower failure rate, but of those marriages that fail, a vast number of those people remarry and each remarriage has a higher failure rate. If you are marrying for the fourth or fifth time -- it will fail.
By the time some are on spouse 3 or 4 they are too old to care and often end up staying married because it's easier once they start having health problems and whatnot. You really have to divorce young and often to beat those numbers but I had an uncle who did, he hit 8 but married 2 woman twice each so only 6 different wives total.
 
Old 07-21-2013, 09:53 PM
 
392 posts, read 803,712 times
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There are tons of new immigrant who marry US citizen for green card also! (some of them even marry 2-3 times to get successful interview). Question is how much people really divorce because of "personal money issue".
I can't believe there is actually people who live together and they have separated money in same household.
 
Old 07-21-2013, 09:56 PM
 
Location: State of Transition
102,063 posts, read 106,896,974 times
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Quote:
Originally Posted by hartford_renter View Post
According to Wikipedia the divorce rate is 53% in the US

That is the rate at which a sample of married people get divorced
The divorce rate is about 40% for first-time marriages, around 50% for people who have been married before.
 
Old 07-21-2013, 10:03 PM
 
1,924 posts, read 2,363,056 times
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Quote:
Originally Posted by Ruth4Truth View Post
The divorce rate is about 40% for first-time marriages, around 50% for people who have been married before.
Define divorce rate. We've already seen nonsensical versions of it. There are more out there.
 
Old 07-21-2013, 10:05 PM
 
Location: San Francisco
21,401 posts, read 8,616,856 times
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I know of one couple whose money is separate. He comes from a wealthy background (she does not) and he makes a great deal more than she does. They keep separate checking accounts, and they came to a mutual agreement about who pays which bills. He also gives her an "allowance" because she helps him with his business (he is an independent contractor). That doesn't seem right to me, but she is OK with it.

On the other hand, my husband and I have shared everything from the beginning. We're retired now, but we had incomes that were about equal. When I received a substantial inheritance, legally it was separate property. I could have put it all in my own name, but I had no problem with sharing it jointly with him. I wanted it to be in both our names so that if anything happens to me, it automatically becomes his. For his part, he used money from the sale of his former house to make a very substantial down payment (about 30%) on the house we own now, which is in both our names.

I feel that marriage is a partnership, and there shouldn't be "mine" and "yours." But, as a previous poster has suggested, the important thing is that both partners agree on how the money is managed.
 
Old 07-22-2013, 11:10 AM
 
11,138 posts, read 15,908,322 times
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Quote:
Originally Posted by hartford_renter View Post
According to Wikipedia the divorce rate is 53% in the US

That is the rate at which a sample of married people get divorced

And you're supposed to be an actuary. LOL.

Uh.....bon jour.



Can't Lie On The Internet - YouTube
 
Old 07-22-2013, 03:43 PM
 
1,614 posts, read 2,062,515 times
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Quote:
Originally Posted by hartford_renter View Post
According to Wikipedia the divorce rate is 53% in the US

That is the rate at which a sample of married people get divorced
That's actually the divorce/marriage ratio, not the divorce rate.
 
Old 07-22-2013, 03:53 PM
 
1,924 posts, read 2,363,056 times
Reputation: 1274
Yes, he and others are very confused about all that.
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