We do love it when someone refers a family member or friend to us.  Sometimes the question is, “How can we introduce them to you?”   Well, there are multiple ways but a very easy way is to simply forward them a link to this webpage.

Here are this week’s items:

We do love it when someone refers a family member or friend to us.  Sometimes the question is, “How can we introduce them to you?”   Well, there are multiple ways but a very easy way is to simply forward them a link to this webpage.

Here are this week’s items:

Retiring Before Your Spouse — Health Insurance, Income, and Timing

 Radon and Murs discuss retiring before your spouse, walking through the specific decisions couples face with early retirement planning when one partner is ready to stop working and the other isn’t. This episode covers retirement planning for couples navigating that in-between stretch, including health insurance before Medicare, retirement income planning, and the retirement tax planning tradeoffs that come with a staggered retirement timing decision.

Retiring Before Your Spouse — Health Insurance, Income, and Timing

A couple sat across from us recently, and the wife said something that got a laugh in the room. The part she didn’t like about their retirement plan was getting up and going to work while her husband stayed in bed. 

It was funny because there was some truth behind it. What happens when you’re ready to retire, but your spouse isn’t? 

For some couples, retiring at different times makes perfect sense. One spouse may be older, further along in a career, or simply ready to be done working. But once one paycheck stops, several other parts of the plan can change with it. 

Where will the missing income come from? What happens to health insurance? Could a lower-income year create a tax-planning opportunity? When should Social Security enter the picture? 

A staggered retirement can work very well. It just helps to see those pieces together before somebody turns off the alarm clock for good.