Retiring Together Better

When you and your SO are finally getting serious and looking to really connect with each, it's probably time to start talking about retirement. The more time contributing, the larger the fund will be.

But wait. First things first, you two need to talk about your goals, aspirations, and dreams.

Be Clear On Your Goals

Do you want to retire early? Do you want live a comfortable and simple retirement? Do you even want to retire and just continue working?

These key questions are imperative to giving your long term plan a direction to focus your efforts. If not then you would be working for the sake of a job but with no end goal.

Combine & Manage Your Goals Together

Now you have to discuss this with your SO to make sure that you are clear on what you want and they are too. After that you can readjust your goals so that both get what you want.

Be prepared to comprise and be understanding towards them. You are committed to them and a part of that is to make them a part of your life in a meaningful and lasting way.

Create A Long Term Financial Plan

Now this requires transparency and trust as it means disclosing personal financial information such as debt, earnings, savings, and any existing investments.

Without this, you cannot move forward to create a tangible plan to get to where you want to be. You need to comfortable talking about these things so that any potential roadblocks to your retirement dream can be addressed and resolved early on.

Hiding a poor credit score or having a high student debt shouldn't be a key issue as it be worked on but a untrustworthy partner is unforgivable.