Saying 'I Do' for the Second Time?
We all know the numbers: 40% to 50% of first marriages end in divorce, according to the American Psychological Association. The divorce rate for second marriages is even higher – closer to 70%, and people over age 50 make up more than 25% of divorces in the U.S.
However, 80% of the people who divorce remarry, according to the Pew Research Center, especially those aged 55 and older.
Rodney Brooks
An award-winning journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.
