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“Let’s face it: Few of us marry and then begin planning for divorce or widowhood. But based on the statistics, that is precisely what we should do. I know this viscerally because I recently lost my husband.
Consider this: The average age of a widow in the U.S. is 59. (I matched the age statistic almost to the day.) And women divorce for the first time at age 30 (on average). Add to that, men tend to die five years before their spouses (76 for men versus 81 for women).
That equation doesn’t bode well for most women. Why do I say that? Because, according to a recent study published by U.S. Trust, 64 percent of baby boomer men are the dominant investment decision makers in their home, while 27 percent claim equal partnership with their wives. Only 9 percent of baby boomer women take on the dominant role of investing the family assets.”
JJ Editor's Picks
"Bangladesh is sometimes known as the “land of the rivers.” It’s got hundreds of them — and over the years, they’ve been getting more and more polluted. But as of early July, every single one of them has a remarkable new level of protection..."
"Whoever can keep his trap shut in 2020 will win the White House. You just have to look at Joe Biden's polling to see it. Biden's strategy is simple: Cut decent ads attacking Trump but not his supporters. Stay off the campaign trail as much as..."
"When climate change comes for our coffee and our wine, we’ll moan about it on Twitter, read about it on our favorite websites, and watch diverting videos on YouTube to fill the icy hole in our hearts. We’ll do all this until the websites go dark..."
"Voters who trust their government — and each other — are more supportive of ambitious welfare states than those who do not. Across nations, high levels of social trust correlate with high levels of social spending. The relationship between these..."
"Global markets were seized by fear last week that trade wars were slowing growth in Germany, China and the United States. But the story here is bigger than President Trump and his tariffs. The postwar miracle is over. Since the financial crisis..."
"Few men in America are as popular among American men as Joe Rogan. It’s a massive group congregating in plain sight, and it’s made up of people you know from high school, guys who work three cubicles down, who are still paying off student loans..."
"For 52 years we have been blessed with a reunified Jerusalem. On paper. We tell ourselves Jerusalem has been reunited for over half a century, but a short walk through the streets paints a different picture. While the city’s west side appears..."
"On August 12, a man named Umar Baig was driving illegally in Brooklyn — speeding his Dodge Charger down Coney Island Avenue far, far above the speed limit of 25 miles per hour. At the intersection with Avenue L, he ran a red light, and smashed..."