Fleishel Financial News
At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests and routine checkups. There's also a chance that your health will decline as you grow older, increasing your need for costly prescription drugs or medical treatments. That's why having health insurance is extremely important.
The reality of planning for retirement is that, one size doesn’t fit all. Having the right plan for your individual needs and wishes is a must in paving the way to a comfortable and confident retirement.
Let’s face it, the picture of retirement our parents may have had simply doesn’t hold true anymore. Today’s second acts are longer and more active than ever before, with more complex needs. And when it comes to planning for the lifestyle you envision, patience and discipline are also keys to success. While many people seem to think about that one day when they retire, it’s more important to carefully plan ahead of time for all the days that come after.
Money has been blamed time and again in studies and by experts as a big source of marital conflict and divorce—even in households where there's abundance.
Part of the problem is that many people have deep convictions about the purpose of money and how it should be used, and their beliefs don't always match up with those of a partner. In other cases, money becomes an issue of control—perhaps because one spouse significantly out-earns the other or is the only one working outside of the home.
Given the fact that money is such a hot-button issue in relationships, one can't help but wonder: Are married couples better off keeping at least some of their finances separate?
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