Millennials are shaking up the world of prenuptial agreements, prompting a seismic shift that surprises Baby Boomers. Rather than traditional asset protection, this new generation is opting for prenups as a safety net against the crushing weight of student debt. With 77% of those carrying loans considering a prenup, it’s clear that financial discussions are becoming essential in modern love.
The landscape of marriage is changing drastically, with Millennials marrying later and facing financial complexities their parents didn’t. Financial planner Julia Rodgers emphasizes how today’s prenups are less about predicting divorce and more about establishing mutual understanding and expectations. It seems like love isn’t the only thing that needs protecting these days—digital assets and even pets are entering the prenup conversation!
Time will tell if prenups will become a standard part of wedding planning, but one thing is for sure: Millennials are making it clear that finances and love go hand in hand now more than ever. With over $80 trillion about to be passed from Baby Boomers to Millennials, it’s not just about ‘I do,’ but also ‘I do want to keep my assets untangled.’ What’s your take on this trend—are prenups the path to a more secure love life?
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Local Lawton
Local Lawton is a contributor to LocalBeat, covering local news and community stories.
