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Divorce hits men harder financially than women, say economists

7th February 2024

The Telegraph

Husbands lose twice as much income as their wives after their marriage ends, Fed reveals.

Husbands lose twice as much income as their wives when they divorce, according to research published by America’s central bank.

Analysis by the Federal Reserve Bank of St Louis showed divorce was costly for both men and women, with US couples who split up over the past year seeing an average reduction in income of 12pc compared with those who stayed together.

However, researchers discovered a marked difference between the sexes, with men seeing their incomes fall 17pc on average, while women experienced an average decline of 9pc.

Read more: The Telegraph

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The approved source of guidance to the official Standard Family Court Orders, covering Children and Other Orders.

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