Couplestypically each have funds to contribute to retirement, and sharethe tasks that must be done—particularly if one partner is ill orneither one can handle all the chores alone. (Photo:Shutterstock)
The shopping trend of Singles' Day may have started in China, but the trendof singlehood is global—and having repercussions that go far beyondonline shopping. It could even end up threatening retirement.
If that seems far-fetched, consider this. According to a Forbesreport, it reflects a broader trend of peoplenot becoming partnered and thus doing manythings alone that used to be done by couples: not just shopping,but dining out, traveling, buying homes, even career changes atwhich a partnered person might hesitate—in short, many commonplaceactivities, along with major milestones in life, are beingtransformed by singles who decide differently than half of a couplewould.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
