Couples that don’t talk about money issues, from paying bills to planning retirement, just might wind up doing their talking in divorce court, with a lot less money to their names than they’d like!
Forty-four percent of couples believe money is the biggest cause of divorce, and 56 percent believe spending is the biggest financial topic leading to divorce. Yet, 29 percent of couples have less than $25,000 saved for retirement, according to a revealing survey conducted by Edelman Financial Services (EFS).
“We don’t have a spending problem, we have a saving problem,” says David Bach, Vice Chairman of EFS and author of the #1 National bestselling book, Smart Couples Finish Rich.
One of the best ways to save our relationships, and grow our savings, is to plan monthly “Money Dates,” to go through bills, account balances and make progress towards creating a retirement plan, David advises. In fact, a survey conducted by EFS found that Couples who set these monthly engagements, are three times more likely to have up to $500,000 saved for retirement than couples who did not have the monthly “money dates.”
David wants to be part of your first “Money Date” and has created a powerful 90-minute session to help share the lessons and secrets of happy couples who’ve successfully planned their retirements together.
David will help you and your partner to navigate the critical aspects of retirement planning, including:
- How to plan for retirement together to avoid running out of money
- The 5 key financial decisions every couple needs to make
- The new retirement strategies for asset allocation and IRA withdrawals
- How you can both maximize your Social Security benefits
- And much, much more…
Seminars are April 29 in LA; May 6 in Chicago; May 12 in Detroit, and May 14 in Boston.
Registration, normally $25 per couple, is FREE for FOF readers. Sign up now and enter code FO50BLOG at check to redeem this special offer!
to go on your first Money Date. It’ll save you a lot more than money.
David Bach is Vice Chairman of Edelman Financial Services LLC, a Registered Investment Advisor. He is an Investment Advisor Representative who offers advisory services through EFS and a Registered Representative of (and offers securities through) Sanders Morris Harris Inc., an affiliated broker/dealer, member FINRA/SIPC.
Advisory Services offered through Edelman Financial Services LLC. Securities offered through Sanders Morris Harris Inc., an affiliated broker/dealer, member FINRA/SIPC.
This post is sponsored by Edelman Financial Services. Thank you for supporting FabOverFifty!