Financial planning for retirement can be difficult to understand, but it’s even more difficult for couples who aren’t on the same page. It’s important for each spouse to compromise, and agree upon their financial future, but first, they must understand the basics of retirement planning. After they are each educated on the subject, both must play an active role in the planning. Finally, it’s imperative that there is a written plan that both spouses agree upon, and they must stick to it to achieve a prosperous future.
Key Takeaways:
- In order for couples to be on the same page about retirement, they must both understand the basic education of financial planning.
- Both spouses, not just one, need to be actively involved in retirement planning.
- There needs to be an exhaustive written retirement plan that both spouses need to abide by.
“Conflict between couples is natural, especially when it comes to something as important as your financial future.”