Law Religion Culture Review

Exploring the intersections of law, religion and culture. Copyright by Richard J. Radcliffe. All rights reserved.

Tuesday, August 23, 2005

A Financially Ruinous Cocktail.

On ESPN radio this morning, sports talk host Colin Cowherd was a bit off topic.

While off the sports topic, he was on the truth target.

He pointed out that the big three avenues of financial ruin:

1. Divorce;
2. Addiction; and
3. Lawsuits.

He said that those who manage to avoid them will usually find financial security in their retirement.

This riff reminded me of a somewhat startling statistic I read in 1996's The Millionaire Next Door by Thomas J. Stanley and William Danko.

As part of their study of millionaires, they reported that over 90% millionaires are married-and married to their first spouse.

While it's perhaps unfashionable, here's to married teatotaling nondefendants.