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Posts Tagged divorce

The True Cost of Divorce

divorce

Divorce is a really nasty thing to go through, there is no doubt, the emotional wreckage that it leaves is tremendous. I have talked some about the financial toll it leaves as well. With an average of $15,000 in legal fees alone, you then also lose half your assets or more. There is the kids, the house you worked hard to build, the relationships you built with your spouse and their families and friends. It’s a nightmare. But here is another toll of divorce.

Divorced households annually consume 73 billion kilowatt hours of electricity and 627 billion gallons of water more than they would if both partners were still living under one roof, costing an additional $10.5 billion each year.

Age at marriage for those who divorce in America
Age                                    Women             Men
Under 20 years old      27.6%             11.7%
20 to 24 years old         36.6%            38.8%
25 to 29 years old         16.4%            22.3%
30 to 34 years old        8.5%               11.6%
35 to 39 years old        5.1%                6.5%