According to a U.S. survey conducted last year, more and more individuals over the age of 65 are opting for cohabitation without marriage.
It seems as though the elderly and retired in their 70s and 80s have not given up on their love lives. The study asserts that seniors are more likely to meet someone special in a nursing home or retirement community and decide to live with them. In 2000, 193,000 people over 65 were cohabitating; in 2010, that number jumped to 575,000.
The survey also revealed that just 52 percent of people told pollsters that they were married. Even more surprising, based on previous data, was the fact that 60 percent of people age 50 and younger have lived with someone without getting married. Based on this data, it seems that more baby boomers will choose to live with their significant others instead of getting married when they are older.
People who are living together may decide not to marry, but should give consideration to establishing a cohabitation agreement. To learn more about these family law contracts,
contact Claery & Green today to receive information.