Do you combine your finances with your partner? If you do, chances are that you might be happier. In this episode of Retirement Starts Today, we’ll explore a WSJ article written by Julia Carpenter titled Couples Who Combine Finances Are Happier. So Why Don’t More Do It?

In addition to examining the benefits of combining finances, we’ll take a look at the reasons couples choose not to pool their resources. Finally, I’ll share my thoughts on why merging with your spouse's finances could be a boon to your retirement.

Make sure to stick around for the listener question segment. Bret and I discuss whether it is worth self-funding long-term care rather than purchasing long-term care insurance. Listen in to hear discover whether you’re surprised by our response.

Outline of This Episode

[1:22] Couples who pool their finances are happier
[6:30] Do we recommend self-funding long-term care insurance?

Resources & People Mentioned

WSJ article - Couples Who Combine Finances Are Happier. So Why Don’t More Do It?

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Couples Who Combine Finances Are Happier. So Why Don’t More Do It? Ep #286