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Add divorce to the list of things Millennials are destroying

Millennials have shouldered the blame for killing off -- or at least seriously wounding -- countless industries over the past several years. Now, experts say these young adults are at it again, adding the divorce industry to the list of things that they are ruining. So, why is the divorce rate so much lower for millennials in Ohio and across the rest of America? It is likely a combination of factors rather than them simply being better at marriage. 

The divorce rate for American individuals under the age of 45 fell by 18 percent between 2008 and 2016. One university professor points out the changing attitude toward marriage as one reason behind the drop. In the past, getting married was a natural consequence of becoming an adult. Now, divorce is a signal of achievement and more exclusive than it is necessary. 

Many people now wait until after they have earned a college education, secured a stable job and gotten their finances on track before tying the knot. This means that people are increasingly selective about who they marry. So, not only are millennials marrying less frequently and later in life than their parents, but they are also not necessarily going to tie themselves down to the first serious relationship in which they find themselves. 

Even as the divorce rate decreases among millennials, it is still not at zero. Young adults in Ohio who have spent years creating a stable life before getting married may worry about the effect of divorce on their finances. A prenuptial can help address these concerns, but even those without one can still achieve an agreeable settlement with their ex. 

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