6 Big Retirement Conflicts Married Couples Face

Slideshow February 24, 2023 at 12:39 PM
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Related: 7 Big Social Security Claiming Mistakes Couples Make

The retirement planning and transition process is challenging enough on an individual basis, and it can become even more complicated when dealing with a married couple. Questions range from when each spouse should start receiving Social Security benefits to when to begin spending from different retirement accounts. There are also big lifestyle considerations to be tackled, with budgets to be crafted and housing decisions to be made. Inevitably, even the closest and most committed couples will experience some strife during the planning process and in retirement, experts say. However, with the right approach and foresight — and support from a skilled financial advisor — clients can avoid a lot of tension and prevent emotion or interpersonal conflict from getting in the way of an optimal retirement outcome. See the slideshow for helpful insights about the most common retirement planning conflicts experienced by married couples. By watching out for and proactively addressing these issues, financial advisors can do a lot to cut off potential strife that can diminish the enjoyment of a client couple's golden years. (Image: Adobe Stock)