Objective: This study identifies which midlife economic resources reduce the association between divorce and mortality risk among older Black and White women. Background: Despite evidence that divorce reduces longevity due to economic losses, research has not established which among several common economic resources related to divorce are most important for older women’s survival. There is also relatively little research on why marital inequalities in mortality are smaller among older Black women. Drawing from diverse areas of scholarship, we hypothesize that group differences in multiple economic resources explain this finding. Method: Fractional logistic regression and Gompertz proportional hazards models were estimated with data from the NLS-MW (N=4,668; nlsinfo.org) to examine the associations between divorce, economic resources, and mortality among older Black and White women (born 1923-1937). Results: Divorced White women had significantly less housing and financial wealth than their continuously married counterparts, and Both Black and White divorcées had less vehicle wealth and higher probabilities of indebtedness. With respect to survival, net worth and housing wealth accounted for the largest reductions in marital and racial differences in survival. Conclusion: Findings suggest that wealth—home wealth in particular—is key to understanding the greater longevity of married White women compared to Black women and divorced White women. Interventions aimed at reducing health disparities must first address the social practices creating economic inequalities.
Racial Differences in Mortgage Refinancing, Distress, and Housing Wealth Accumulation during COVID-19