Friday, September 6, 2013
New research from the University of Missouri demonstrates the importance of spouses when it comes to planning for retirement.
After analyzing data from the Health and Retirement Study, assistant professor Angela Curl found that spouses influence each other when planning; when one spouse plans, the other is more likely to plan as well.
Talking to your spouse about retirement planning also helps to reduce conflict. One spouse may envision retirement differently, and it’s important to find this out early.
Planning for retirement also improves psychological well-being, financial stability, and role adjustment.
See Jesslyn Chew, Spouses Play an Important Role in Planning for Retirement, MU Researcher Finds, University of Missouri News Bureau, Sept. 3, 2013.