More couples are saying “I do” to divorce and not without good reason. It’s easier than ever to get one; the social stigma’s (mostly) evaporated; and as Pew recently pointed out, there are fewer economic repercussions for doing so.
Just look at the chart below, which illustrates how the decline in men and women’s post-divorce income has shifted since the early 1970s.
Back then, women were more dependent on men and suffered a steep drop in income when they split with the family breadwinner. Today’s average woman suffers less of a financial setback thanks to the fact that she probably has a day job and the gap between men and women’s earnings has narrowed.
The same can’t be said for America’s gentlemen.