Financial Planning: Couples Display Lack of Retirement Planning Teamwork


Summit Wealth Advisors, LLC

More than 80% of married couples disagree about important aspects of their retirement plans, according to a recent survey,* the latest among several that show couples either at odds over their plans or unaware of important details.

While some disagreements show up when couples are asked about their retirement assumptions, others pertain to basic financial facts. Large numbers don’t agree on whether they own an annuity (39%), an IRA (25%) or if they will need to sell real estate to fund their retirements (40%). 

Concerned retirement specialists cite such surveys as evidence that far too many couples simply don’t work together within their financial plans. Less than half of couples jointly make budgeting and bill-paying decisions, and fewer still – 38% – discuss retirement savings and investment decisions. It’s not surprising, then, that only 15% of couples in the newest study voiced confidence that either one or the other could…

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