Forty years ago, 8 in 10 people were married by the age of 30. Last year, that same number applied to people getting married at the age of 45.
In today’s world, millennials often postpone marriage until they are financially secure. Moreover, during their marriage planning process, they are more likely to protect their assets by establishing a prenuptial agreement in the event of a divorce.
Marriage has always been considered a rite of passage for many people. However, over the past 15 years, marriage rates have drastically decreased.
In Illinois, 49 percent of the whole population is married, with a breakdown of 50 percent of Illinois males being married and 47 percent of females.
The Millennial generation certainly has its own ideas about marriage, and, in many ways, they are not like those of their parents. An interesting shift is taking place in the way younger people perceive marriage and its importance. Throughout the last 60 years, several trends have arisen. People, in general, are waiting longer to get married, divorce is more common, and couples are having fewer children. During the 1950s, 75 percent of women in their early 20s were married whereas only 50 percent are now.