Marriage Timing, Motherhood Timing, and Women's Well-Being in Retirement
Marriage Timing, Motherhood Timing, and Women's Well-Being in Retirement
This chapter presents an analysis of the impact of changing demographic trends in the timing of marriage and motherhood over the past several decades on the earnings and assets of women and their spouses. The results show that delaying a first birth has a large and durable impact on women's earnings and delay of marriage and childbirth alters household income. These effects have only a modest impact on asset accumulation, however they cumulate over time. The author concludes that delay can have a lasting impact on the economic well-being of women and their families over the lifecycle.
Keywords: marriage, motherhood, earnings, wealth, retirement
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