Poorer men more likely to be single

family law

Men who come from poor backgrounds are far more likely to be single than their more affluent peers.

In 2012, more than one in three men who grew up poor lived alone when they reached their early 40s. By contrast, only one in seven men who came from a rich background did not have a spouse or partner by the same age.

These figures were featured in a newly published report from the Institute for Fiscal Studies (IFS). They claimed that men who started off life poor earn as much as 73 per cent less over the course of their lifetime than those from wealthy families. They are also less likely to find a high-earning partner.

This gap is widening, according to IFS. Employed, 42 year-old men whose parents were in the richest fifth of households earned as much as 88 per cent more than a man of the same age from a poor background in 2012. Only twelve years earlier, this difference was just 47 per cent.

Author Chris Belfield is a research economist at IFS. He said that aside from the obvious financial benefits, “those from richer families are more likely to be in work, more likely to have a partner and more likely to have a higher-earning partner than those from less well-off backgrounds”.

Alison Park, director of research firm CLOSER, said this report demonstrates “how existing differences in the earnings of men from richer and poorer backgrounds are exacerbated by a new divide”.  As female earnings are an important factor in a household’s overall wealth, the fact that poorer men either have no partner or one who isn’t wealthy separates them further from those who had a better financial start in life.

Photo by robertsharp via Flickr under a Creative Commons licence.

Stowe Family Law Web Team

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Paul - August 11, 2017 at 4:52pm

At the risk of been a incendry. This headline could easily have read. ‘Evidence suggests all women are prostitutes.’
We are capitalists. Like it or not our success is measured in money. Personally I hate it. Thankfully i’m poor and hansom so I can buck the trend.

Dr Grumpy - August 13, 2017 at 11:59am

What’s stopping poor guys becoming ‘successful’ (whatever that means)? I was born into a ‘working class’ family but thanks to a good education and determination I got to medical school aged 25 yrs old but if a woman is only interested in the size of your wallet then I feel she has one eye on your cash and the other on the divorce court!

Paul - August 14, 2017 at 2:45pm

Its called social mobility. Its now harder than ever to make that leap. People who want to follow in your foot steps now face massive debts. We also have more choice than ever. So its harder to be focused on one goal. Well done for making it. No body can take that away from you. But their are very good reasons why others can’t do the same.
If I did make it. Id like to know my partner wanted more than to be bankrolled.

JamesB - August 15, 2017 at 1:19am

You can’t buy love. But if I’m to be in an unhappy relationship, I’d rather it was one with money. Better a happy relationship though.

Many women and men trade sex for money in unhealthy unhappy relationships. Most do better though and love each other. There you go, JamesB ends on a happy note. Regards to all. Peace and love.

JamesB - August 15, 2017 at 10:28am

Richer people won’t marry if they think you are only marrying them for their money.

Indeed there are a lot of rich people who struggle to find love as they don’t know if their partners are only after them for their money.

I have seen many good relationships fail as the money was unbalanced on one side or the other and one partner or his / her family were worried of losing money on divorce. A good argument for prenups rather than Indian / Pakistani type caste system as social progression is an issue and becoming a bigger and bigger issue in this country.

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