Ep 26: Financial Mistakes Couples Make

Unfortunately, a lot of couples aren't on the same page when it comes to their financial and retirement plans. Do you understand the spousal options on your pension? Are you and your spouse coordinating your Social Security? There's a lot to strategize here. Maybe one of you will start collecting your benefits as soon as you retire and the other spouse will wait. It's all going to depend on your situation, but the important thing is that both of you are involved in the planning process. On today's episode, we'll discuss the common financial mistakes we see couples make and how you can avoid them.   What we discuss:  1:22 – Spousal benefit options 5:14 – Coordinating Social Security 6:36 – Managing risk with spouses 9:27 – Coordinating your accounts 13:15 – Mistakes with life insurance   Contact: If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/