Unfortuitously, even if partners have actually resources and advice that is financial offered to them, they nevertheless wind up fighting over cash.
A study carried out by Fidelity Investments unearthed that partners holding financial obligation argued a lot more (67%) about cash than those partners have been perhaps not strained with financial obligation (41%). ï»¿ ï»¿
The Fidelity survey found that friction between couples often originated around savings, and how much money should be collectively saved by the time the pair reached retirement age (approximately 65-years old) beyond repaying personal or professional debts. A general lack of aggregate savings among this demographic, paired with a larger population of retirees drawing on Social Security then ever before, has combined to intensify stress on these aging couples in the U.S. Continue reading