Include Your Spouse in Retirement Planning
New research from theUniversity of Missouri demonstrates the importance of spouses when it comes toplanning for retirement.
After analyzing data fromthe Health and Retirement Study, assistant professor Angela Curl found thatspouses influence each other when planning; when one spouse plans, the other ismore likely to plan as well.
Talking to your spouse aboutretirement planning also helps to reduce conflict. One spouse may envision retirementdifferently, and it’s important to find this out early.
Planning for retirement alsoimproves psychological well-being, financial stability, and role adjustment.
SeeJesslyn Chew, Spouses Play an ImportantRole in Planning for Retirement, MU Researcher Finds, University ofMissouri News Bureau, Sept. 3, 2013.