Reply to Stop including your spouse’s net worth as part of your own!

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When I’m reading the threads about how much is needed to retire, etc. I do find myself looking to see if someone is talking about the amount for themselves or a couple. So in that sense, it kind of does make a difference when referring to net worth.[/quote]

No, it doesn’t.  Again, it’s not like being a couple is twice the cost of being single.  It’s not even close.  [/quote]

I know many couples with expenses far more than double those of a single person.  Usually marriage is entered into with the intention of having kids, and that drastically raises expenses - daycare, college, food, braces, and on and on.  A single person, or one who divorced before kids, will be able to stretch a $1 million or $2 million net worth much farther.

And lastly, one of the main things that eats up net worth is medical expenses later in life.  With two people, the risk of encountering that situation is exactly double than for a single person.[/quote]

[b]See, you’re mixing apples and oranges.[/b]  Everybody agrees that families with children are more expensive than couples without kids.  That’s a complete no-brainer.  We’re talking about something different entirely.

As a general rule, being married has financial advantages over being single.  Anyone who has ever had to pay a “single supplement” for an all-inclusive trip knows this very well.  It’s annoying, but it’s true.

Our system is set up to favor marriage.  The tax system, the benefits system, all of it.  To give just one of many examples, my spouse has never worked outside the home, but because we are married we will collect 50 percent more in social security benefits than the OP would.  Why?  The spousal benefit.

No one can credibly argue that from a financial standpoint is better to be single in this country than married.  [/quote]

The whole comparison is apples and oranges, which makes these stats almost meaningless when comparing single households to married households. It really depends on your personal situation. Most guys I know married women who make significantly less. Half of those guys are now divorced and don't have a pot to piss in. Of course, the opposite is true if you marry someone with a higher income.  But either way, trying to make the case that 2 mil net worth single person is remotely close to 2 mil net worth couple is kind of absurd. [/quote]

Man, somebody is a really insecure single person lol.  It’s ok, really.  Why don’t you just worry about you . . . [/quote]

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