Couples Who Combine Finances Are Happier. So Why Don’t More Do It? Ep #286

Retirement Starts Today

Do you combine your finances with your partner? If you do, chances are that you might be happier. In this episode of Retirement Starts Today, we’ll explore a WSJ article written by Julia Carpenter titled Couples Who Combine Finances Are Happier. So Why Don’t More Do It?

In addition to examining the benefits of combining finances, we’ll take a look at the reasons couples choose not to pool their resources. Finally, I’ll share my thoughts on why merging with your spouse's finances could be a boon to your retirement.

Make sure to stick around for the listener question segment. Bret and I discuss whether it is worth self-funding long-term care rather than purchasing long-term care insurance. Listen in to hear discover whether you’re surprised by our response.

Outline of This Episode

• [1:22] Couples who pool their finances are happier
• [6:30] Do we recommend self-funding long-term care insurance?

Resources & People Mentioned

• WSJ article - Couples Who Combine Finances Are Happier. So Why Don’t More Do It?

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