Quote:
Originally Posted by SomeRandomGuy  James, do you think that couples with separate finances are as efficient at saving for retirement or some other large goal as couples who make all financial decisions together? It seems that separate finances introduce the risk of working towards two different goals, and therefore being less likely to reach either than if working together towards a single goal. |
One of my ex-girlfriend's parents have this problem. Her dad makes a very good living but he has not saved much for retirement. He blows the money as it comes in. Don't ask me what he spends it on. Her mother on the other hand (who makes even more than her husband) is much more sensible. She has her retirement plan in order and has said quite clearly that her husband will be on his own when he retires. When they do retire I don't know what they are going to do if he doesn't have any savings. Probably get a divorce.
