Christine Benz: "Retirement Planning When There's an Age Gap"

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
Post Reply
gkaplan
Posts: 7034
Joined: Sat Mar 03, 2007 8:34 pm
Location: Portland, Oregon

Christine Benz: "Retirement Planning When There's an Age Gap"

Post by gkaplan » Thu Apr 20, 2017 6:54 pm

Sizable age gaps can create special challenges from a financial- and retirement-planning standpoint. Couples with big age differences may need to plan for different retirement dates and life expectancies--with related implications for portfolio-withdrawal strategies, asset allocation, and Social Security filing. Long-term care considerations can also take on greater prominence for couples where there’s a big age discrepancy. I featured a couple with a significant age gap in my latest round of Portfolio Makeovers.

If you're part of a couple with a sizable age discrepancy, here are some of the key ways to ensure that you adjust your plan accordingly. . . .



http://news.morningstar.com/articlenet/article.aspx?id=803344
Gordon

Post Reply