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The other spouse can contribute money to this account as long as they earn enough from their job during the year to cover all contributions made to both partners' retirement accounts.
Image source: Getty Images. 3. Where do you want to live? Don't let this question slip through the cracks. Many people view moving somewhere they've always dreamed of as the ultimate retirement ...
The average spouse of a retired worker collects around $909 per month in benefits, according to November 2024 data from the Social Security Administration, so if you qualify for spousal benefits ...
Image source: Getty Images. Now, you're ready to create a retirement plan together. List your assets (property, 401(k), investment accounts, etc.) and debts.Figure out the gap between your current ...
Planning for retirement with a spouse makes things easier in some ways and more difficult in others. In many couples today, both partners are employed so they can work together to save for their ...
As you near your targeted retirement date, you're likely anticipating all the upsides of not being tethered to a 9 to 5 anymore, such as taking mornings at your own pace, spending more time with ...
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