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Overwhelmingly, couples opt to stagger theirretirementsby at least a year.
Despite the risk of overspending, there may be several benefits to one spouse remaining in the workforce.
Here are threereasons couples should take a stab at retire at different times.
The discrepancy between theexpectation and realityis likely based on a number of factors, including financial concerns.
Only 31% of those surveyed said they felt confident their savings would last throughout their lifetime.
Additionally, 36% of respondents acknowledged feeling nervous about spending their nest egg.
On the other hand,delaying receiving Social Securityuntil age 70 can help you to maximize your benefits.
During retirement, many retirees are unprepared for the shift from saving to spending.
It is important to remember that many retirees are living longer than ever before.
Preparing for a longer retirement is critical.
Under many circumstances, healthcare coverage provided by an employer may also extend to spouses.
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