Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Ask KT & Suze Anything: Why Am I Anxious About Retiring?
Feb 13, 2025
In this lively discussion, financial experts dive into the complexities of combining finances in relationships, stressing the importance of communication and strategic planning. They tackle capital gains and stock selling strategies, sharing tips to manage taxes effectively. The conversation also highlights navigating high 401k fees, advising listeners on possible rollovers to save money. Plus, they explore the vital role of the 10-year treasury in the economy and celebrate connections, reminding us that emotional ties are just as crucial as financial health.
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Combining Finances After Marriage
- Pay shared expenses proportionally based on each partner's income.
- Avoid joint credit cards and checking accounts to maintain financial independence.
Term Life Insurance for Couples
- Consider term life insurance even without children, especially if one partner's income is significantly higher.
- Assess financial stability if one partner were to die.
Financial Advice for Disabled Teacher
- Prioritize reducing fixed expenses, especially mortgage payments, when living on a fixed income.
- Aim to own your home outright before retirement to minimize expenses.