View Single Post
  #43  
Old 08-05-2004, 08:13 PM
James James is offline
GreekChat Member
 
Join Date: Sep 1999
Location: NY
Posts: 8,594
Send a message via ICQ to James Send a message via AIM to James
I read that. That still makes sense from this thread's prespective. If a woman that is a homemaker or has a lesser income than her husband gets a divorce of course she is going to have less available money.

That would happen even if she got a monstrous settlement from a billionaire. She would have less income earning power than he did.

Quote:
Originally posted by AGDee
Statistics don't really show that...

According to Long Island University's National Center for Women & Retirement Research, the average woman sees a 45% drop in her standard of living after divorce, while the average man improves his standard of living by 15%.


From Business Week Article
Reply With Quote