Deep Dive: Set Yourself Up to Pay No Penalties or Taxes in Early Retirement
The Money with Katie Show
00:00
Is Your Partner's Separate Bank Account Still Affecting You?
If one partner is diligently saving for retirement and the other is basically spending the rest of their income, where is that going to leave this couple in forty years? It may lead to some resentment if you make sacrifices throughout your entire life and they don't. Are we setting it up such that we're both independently responsible for funding our own retirements when we're no longer working? Or will the better savor bear the brunt of that responsibility when the time comes? That's a question that we should probably figure out now rather than later.
Transcript
Play full episode
