Marriage Trends: Why Millennials Are Malingering Marriage

 Posted on January 08, 2016 in Family Law

marriage-trendsIt is a fact, Millennials, or Generation Y as they are sometimes referred to, may not be classically feigning illness to escape marital duty or work but they are shying away from accepting the urgency for marrying. The hesitancy to say “I do” by this influential generation is producing the lowest rates of marital unions today. Marriage rates for those marrying before age 40 are expected to be the lowest percentage ever.

There are that more adults under the age of 35 will forever remain single. Pew’s data, derived both from the U.S. Census Bureau and in-house outreach surveys, reports that Millennials are opting to stay single longer and forgoing the traditional marriage vows. The current statistical data and societal indicators have been broken down by age group and represent the following.

Millennials Age 18 to 24

  • Thirty-three percent of Millennials in this age range believe that are too young and just not ready to settle down into married life;
  • Twenty-six percent believe that they are not financially fit enough to support a marriage; and
  • Twenty-five percent believe they have not found the perfect partner to date.

Millennials Age 25 to 34

  • Thirteen percent also believe that time is on their side and are enjoying single independence;
  • Thirty-four percent of this age range cite money as a primary factor; and
  • Twenty-nine percent are holding out for a compatible partner.

Millennials Age 35 and Older

  • Eleven percent maintain that time is not of the essence;
  • Twenty percent believe that money remains a strong deterrent to marriage; and
  • Forty-one percent believe they have yet to find their perfect partner.

Pew Research forum panelists believe this generation to be the most cautious. Aside from other identifying factors, such as education, finances, diversity and employment, Millennials may be hesitant to rush into marriage because so many have survived the highest U.S. divorce rate as their baby boomer parents opted to seek marital independence.

Although Pew researchers are quick to conclude that marriage has not completely fallen out of favor, the Millennial Generation has opted to approach the concept with assertive caution.

If you are a Millennial who perhaps opted for marriage before finding that perfect partner, the experienced Hinsdale divorce attorneys of the Law Office of Martoccio & Martoccio can help. Our legal team, with over 75 years of generational experience, have been obtaining successful results for our clients for the past 35 years. Contact us at 630-920-8855 to schedule an initial consultation today.

Sources:

http://whatis.techtarget.com/definition/millennials-millennial-generation

http://money.cnn.com/2014/07/20/news/economy/millennials-marriage/index.html

http://time.com/3422624/report-millennials-marriage/

http://www.pewsocialtrends.org/2014/03/07/millennials-in-adulthood/

http://www.pewresearch.org/2010/03/11/portrait-of-the-millennials/

http://www.npr.org/2014/11/18/354196302/amid-the-stereotypes-some-facts-about-millennials

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