You may have worked 30-40 years waiting for the day to come and walk into the hopeful bliss of retirement. When that day comes; if you’re married and if you’re not on the same page, bliss can easily turn to regret if not agony.
The most successful retirement couples I’ve worked with are those that get on the same retirement page and continue to enjoy life together. Occasionally aligning your expectations happens after retirement which can lead to a painful transition for one or both.
Be wise and remember that “You can’t have it all.” For instance, having the perfect amount saved along with marital bliss (although ideal) may not be possible. Misunderstanding the tradeoff between time and money can be a heartbreaking mistake. Retirement doesn’t always come with 20-30 years to spend however you want. You could be an unexpected caregiver overnight (or be the one cared for).
Remember, “It’s not only about you.” Agreeing about what you each want from retirement is crucial. Read more…