A recent research report by Fidelity Investments studied how well couples communicated. The majority (72{030251e622a83165372097b752b1e1477acc3e16319689a4bdeb1497eb0fac93}) said they communicated very well. However, the study found that couples don’t communicate very well at all on finances, and many disagree on investing. The study included a wide range of ages. The couples were either married or in committed relationships. They ranged in age from 25 to retired.
Here is what the study showed:
This proves to us that financial planning is very important; especially for achieving peace of mind and helping couples get on the same page about their finances.
We will be exploring this issue in upcoming essays.
If this sounds like you or someone you know, contact Korving & Company.
Korving & Company, the 2015 Suffolk Small Business of the Year is a family owned investment management and financial planning firm. We deliver a very personal level of service to guide, empower and assure our clients that their money is carefully managed to meet their long-term life goals.
Korving & Company is an investment management, financial advisor, and financial planning firm that specializes in working with retirees, couples who are serious about retirement planning, and women who have recently suffered the loss of a spouse.
© Korving & Company, LLC