Smart Retirement Planning Takes More than Saying I Do

Couples need healthy communication to be on the same page, and women have a vital role to play in the process.

(Image credit: golero)

When couples plan their retirement, they should take into account a simple fact of life: On average, women live longer than men. A woman who reaches 50 is likely to live to 83, while a man who reaches 50 is likely to live only to 79. A healthy 65-year-old woman will live, on average, to age 85, while the typical 65-year-old man will live, on average, to 82. This basic principle is important when it comes to retirement planning.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Gregory Ricks, Investment Adviser Representative
Founder and CEO, Gregory Ricks and Associates

Gregory Ricks, is the founder and CEO of Gregory Ricks & Associates and is a licensed insurance professional. He is also the founder of Total Wealth Authority, a team of outside financial, tax and estate planning professionals, and is the host of radio show Winning at Life on News Talk 99.5 WRNO (10 a.m. to 1 p.m. on Saturdays and 7 p.m. to 8 p.m. on weeknights).