Spouses play an important role in planning for retirement, researcher finds

Spouses play an important role in planning for retirement, researcher finds

As Baby Boomers begin entering retirement, some may find themselves unprepared for the transition. New research indicates that spouses tend to have similar levels of planning for retirement. This planning can lead to more success and less stress when they leave the workforce.

via ScienceDaily: Living Well News:

Sep. 4, 2013 — As Baby Boomers begin entering retirement, some may find themselves unprepared for the transition. New research from the University of Missouri indicates that spouses tend to have similar levels of planning for retirement. This planning can lead to more success and less stress when they leave the workforce.”The transition into retirement, in some ways, is like the transition into parenthood,” said Angela Curl, an assistant professor in the MU School of Social Work. “When couples prepare to become parents, they do a lot of planning for the future. They spend time thinking, ‘How might our relationship change? How will our lives be different, and what do we need to do to accommodate this life change?’ It’s the same way with retirement. It affects so many different areas of life, and by preplanning, couples can make retirement a more positive experience.”Curl analyzed data from the Health and Retirement Study, which included information from married couples who were 45 years of age and older and worked full or part time. Curl found that, when one spouse planned, the other spouse also planned. Even though husbands planned more often than wives, the spouses influenced each other.”On commercials, retirement is portrayed as a life of golfing, relaxing or walking along beaches together,” Curl said. …

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ScienceDaily: Living Well News

Spouses play an important role in planning for retirement, researcher finds

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