According to Statistics South Africa, the were total of 89 338 civil marriages, 1 585 customary marriages and 1 471 civil unions were registered in 2020. The comparison shows that less more people are getting married compared to 2019. What is interesting is that an average person is getting married at 37 years, the number jumped from 33 in the previous year.
For illustrative purpose, newly weds would be starting families at age 37. It would mean that they would be 58 year of age to get a child through school up to finishing a 3 year degree (18 Years + 3 Year Varsity). It would more or less the time they have finished paying off a 20 year home loan.
These newly weds would be facing retirement, health care costs, etc.
Its a conundrum.
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Economics and Finance SA 