Fidelity data shows only 40% of couples now merge finances, down sharply as younger generations prioritize financial autonomy.
Just 4 in 10 couples now combine their finances into joint bank accounts, according to new survey data. The share of couples keeping all accounts separate has more than doubled since 2018, rising to 20% today.
Younger generations are leading the shift, with 34% of Gen Z and 26% of millennials preferring fully separate accounts. Older cohorts remain more likely to merge finances, with only 19% of Gen X and 15% of boomers opting for full separation. Two-thirds of respondents cite financial autonomy as a key reason for maintaining separate accounts.
The trend reflects evolving views on partnership, with couples balancing independence and shared decision-making. Separate accounts also help individuals build credit history and retain control over personal spending.