Money is key for women entering later life marriages

With recent official figures1 showing that the number of older women marrying or remarrying has increased in recent years, new research suggests that for many the decision to tie the knot is as much about money as love alone.

 

According to a new study by Investec Wealth & Investment2, almost half (48%) of divorced and widowed women aged over 55 said that their financial wellbeing would influence or has influenced their decision to remarry rather than have a common-law relationship.

 

Of these, almost a quarter (23%) rated their financial wellbeing as a significant factor and one in ten (9%) the primary factor in deciding to remarry, rising to 15% among divorced women.