Friday, November 12, 2010

Sugar Daddies and Mommies Wanted!

In a national survey conducted by Prince & Associates of almost 1,000 unmarried people with incomes ranging from $30,000 to $60,000, the majority of those people recognized that money can ease a lot of concerns and "marrying up" makes perfect sense. Provided the circumstances are acceptable. About 2/3s of the survey respondents expressed a high degree of interest marrying someone for their money and the associated fiscal security. When asked about the amount of money it would take to seal the deal, every respondent gave a figure that exceeded $1 million.

"Very" or "Extremely" Willing to Marry for Money
Males 55.3%
Females 72.8%
Average 65.1%

Amount of Money required
Males $1.1 million
Females $3.8 million
Average $2.7 million

Source: The Family Office: Advising the Financial Elite (2010)

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