Preparing for retirement is a marathon — not a sprint — and requires discipline over a long period of time Much like exercising or changing one’s diet results are often best when a person has a partner to be accountable to as well as share success That said many couples fail to plan effectively together , Researchers at the University of Notre Dame and the University of Cambridge performed studies on the purchasing patterns of couples who were married or in long-term relationships¹ The studies compared the types of purchases individuals made when couples had a joint bank account versus individual bank accounts The researchers found that Individuals are more likely to make purchases for goods and…, If you are thinking about retirement here are a few things you and your partner should consider, Discuss your retirement income needs and potential sources of income Discuss your saving and investment strategy A detailed discussion will disclose your strengths and weaknesses and allow you to set goals to increase your probability for success Maintain a healthy lifestyle According to the National Bureau of Economic Research2 households average $122000 of medical expenses between age 70 and…, Published January 2025, 1 Garbinsky Emily and Gladstone Joe The Consumption Consequences of Couples Pooling Financial Resources (2017 Association for Consumer Research  http//acrwebsiteorg/volumes/1023767/volumes/v45/NA-45 2 Farrell Chris The Truth About Health Care Costs in Retirement (June 28 2018 Forbes  https//wwwforbescom/sites/nextavenue/2018/06/28/the-truth-about-health-care-costs-in-retirement/#41483ac64401