In a recent New York Times article, Claire Cain Miller clarifies that the belief that divorce rates are rising is misconstrued. In fact, marriages in the 1990s and the 2000s are much stronger than those that began in the 1970s and 1980s, as proven by statistics concerning divorce rates as well as marriages that reach their 15th anniversary.

Besides reasons such as later marriages and birth control, a key factor behind this drop in divorce rates can be attributed to the feminist movement in the 1970s. While the peak in divorce rates during the 70s and 80s were caused by marriages adjusting to the sudden upheaval of traditional roles of a breadwinner husband and a homemaker wife, the decline in modern divorce rates reflect that people have started marrying others who match with this new modern-day form of marriage.

It must be noted, however, that these optimistic trends are very much limited to those on the upper end of the socio-economic ladder. This perhaps can too be explained by the fact that working-class families have more traditional notions about marriage and household roles than the college-educated.

Posted by Elizabeth Cheung, Associate Editor, Wealth Strategies Journal.