20 Financial Tips for Retired Married Couples

6. Offset Retirement Dates

A financial tip that retired married couples tend to relearn over the years is doing their best to avoid retiring on the same day, month, or year if possible. Fully transitioning to retirement income and lifestyle can be a challenge when one member of a relationship is ready to transition. When both do so at the same time, it causes a significant amount of stress on the family on both the financial and social sides of life. By staggering the retirement dates, couples can get a much better feel for how the daily routine will change, what is missing, and what adjustments need to be made before both people retire.