20 Financial Tips for Retired Married Couples
11. Regularly Review the Family’s Finances
An important financial habit of success for retired married couples is to regularly review the family’s finances. As the cost of living steadily increases over time and life expectancies extending well beyond what they were at the start of the 20th Century, it is more important than ever to regularly take stock of where the family’s retirement finances sit. Unless one is bordering on being wealthy, it no longer pays to be too conservative with the monies tucked away for retirement to overcome these and other unplanned obstacles that will arise during the retired years. By conducting a regular audit of how the financial plan is playing out, couples can help avoid big surprises later in their retired years.
