Cohabitant - elderly couples Reasons to say NO - marriage
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update February 5, 2016 .
The Office of the US Census reported that from 190 to 1999, the percentage of elderly couples singles 65 and older increased significantly. Forbes reports "In 06, 1.8 million Americans aged 50 and over lived in heterosexual" unmarried-partner households, "an increase of 50% compared to 00 figures demographer Bowling Green State University Susan Brown. "
These are older couples who thought for a while in the marriage.
are older couples who face disapproval from their children and religious faith.
It is expected that this percentage will continue to increase. So why elderly couples together? For many older people, marriage is simply not financially practical.
Here are some of the reasons why older couples choosing to live together rather than marriage.
Financial reasons Seniors COHABIT
tax disincentives.
Loss of military benefits and pension.
fear of incurring liability for medical expenses partners.
protecting credit rating.
separation of the current debt.
Ability to share the costs.
The health insurance.
asset protection.
Alimony.
social security benefits. There seems to be a lot of confusion about this. Depending on your age, you can not lose Social Security benefits if you remarry.
"In general, you can not receive survivor benefits if you remarry before age 60, unless the latter marriage ends, whether by death, divorce or cancellation. If you remarry after age 60 (50 if disabled), you can still receive benefits in the folder of your former spouse When you reach 62 or older, you can get retirement benefits in the folder your new spouse if they are higher " Source: social Security administration ..
personal Reasons Seniors COHABIT
Anti-marriage attitude of unhappy married prior experience.