Subscribe With Your Favorite App
Money can’t buy love, but it can certainly start some spicy debates between you and your better half. In this episode, we explore five money minefields that can test even the most solid relationships in retirement. Listen in as Scott shares some tips on how to resolve some of these common financial sources of tension and emphasizes the importance of open communication and compromise.
Retirement is a significant life transition, so it’s crucial for couples to be on the same page to enjoy their retired life with intention. Scott advises couples to discuss their retirement goals, desired lifestyle, and job satisfaction to align their retirement age and plans. He also encourages conversations about legacy planning, financial management, and more. Tune in for some practical advice on resolving potential tensions before they arise.
Here’s what we’ll discuss in this episode:
- When is the best time for you and your spouse to retire? [3:40]
- Determining your retirement lifestyle. [7:24]
- How to handle inheritances. [12:15]
- Leaving behind a legacy for your children. [15:12]
- How do you plan to manage your finances in retirement? [18:11]
Thanks for checking out this episode of the podcast. If you’d like to learn more about financial and retirement planning, check out our YouTube channel here.