The HelloPrenup 2024 Prenuptial Agreement Insights Report

Average Age of Our Prenup Customers

The majority of our customers seeking prenuptial agreements are young adults, with 75% falling between the ages of 18 and 39.

These Gen Z’s and Millennials are proactively planning for their financial future, recognizing the importance of not only protecting their assets by establishing clear financial boundaries before marriage. In addition, they’re normalizing having financial conversations early and often to ensure a healthy routine of communication early & often in their relationship.

Average HelloPrenup Customer Net Worth

The net worth of individuals getting a HelloPrenup prenup spreads from -$2.7M to over $1.5B. 

However, the median net worth of prenup fiances is ~$78,000.

This highlights that the traditional story of only higher net worth individuals are the ones prioritizing prenups has evolved to include every day couples who want the same basic legal protections and peace of mind.

Average Net Worth of a Woman Getting a Prenup

84% of female HelloPrenup customers have less than $500,000 in liquid assets, with only 7% having a net worth over $1M. 

This trajectory highlights the thoughtful approach women are taking to preserve their wealth while entering their marriage, debunking the myth that only wealthy women are entering into prenuptial agreements.

In fact, at HelloPrenup, 52% of women initiate the prenup process. This unprecedented stat highlights the initiative women are taking to have financial conversations early & ensure that their wealth is protected throughout their marriage while combating the gender pay gap & bracing for the Great Wealth Transfer.

Average Financial Disparity Between Couples

Financial imbalances are not a new proposition for getting a prenup. However, data reflects that couples have a smaller disparity gap with HelloPrenup couples having a median net worth disparity of ~$250,000. 

This highlights the gap between partners entering into the marriage may not be as far off financially from each other as the traditional prenup couple where one party is significantly wealthier than the other.

How Couples Handle Premarital Assets While Entering Marriage

Our findings show that ~75% of couples choose to keep their premarital assets separate while entering the marriage rather than defaulting to their state’s laws.

This also includes any appreciation of their premarital assets while married.

This is one of the major reasons our modern couples invest in a prenuptial agreement since defaulting to state laws can result in assets being split 50/50, 70/30, 60/40, or another combination, depending on the state’s laws and the outcome of the case.

It shows the consistent trend that couples who want to keep their premarital assets separate want to do so regardless of if the marriage lasts or not (reflecting the importance of each spouse preserving any wealth they’re bringing into the marriage).

How Couples Handle Marital Assets While Married

79% of respondents plan to share a joint bank account with their future spouse. So while they may keep premarital assets separate, they do intend to share some financial obligations once married.

This spotlights the control couples crave when it comes to financial contributions. They do want to have some sort of financial asset they contribute to, but they want to control the outcomes of those contributions by contracting around their state’s default laws that may not work for the goals of their marriage.

Property Ownership Before Marriage

According to our data, 84% of our customers do not own property with their partner before marriage.

Which means, the prenup is ideal for creating conversations around each other’s financial statements and spending philosophies prior to entering into their partnership.

By getting a prenup, they can get on the same page financially prior to tying the knot without comingling any unwanted assets and letting their government potentially decide the fate of those assets.

Average Debt & Liabilities

Besides each partner protecting their own premarital assets they’re entering the marriage with, and keeping premarital appreciation separate while married, ~95% of couples keep premarital debt separate to protect each other from passing on their pre-marriage liabilities and potentially converting to marital.

In fact, the median debt amount of our users is $30,000.

Of the customers that registered some debt in the Financial Disclosures of their HelloPrenup prenup, 75% have a debt amount between $0 and $103,993.

This highlights the empathetic intent and awareness partners have entering into their marriage by taking ownership of their liabilities prior to legally binding themselves to their spouse.

Children & Family

When asked about their family status, 78% of respondents stated that they do not have any children.

Though you cannot contract around child support in a prenuptial agreement, it shows the family dynamic of the average couples entering into their agreements and any financial obligations they may bring into their marriage.

Average Inheritance 

75% indicated a potential inheritance value between $1 and $1,500,000.

And of the 75% who will receive the potential inheritance, ~90% of them kept their inheritance separate while married.

This almost unanimous stat shows the independent thinking partners have while preserving their wealth and ensuring their financial future is ripe for retirement, regardless of when they inherit it.

Key Takeaways: