Talking retirement?

Posted on October 30th, 2007 – 2:24 PM
By Kara McGuire

A new Harris Interactive WSJ poll came out today about how couples discuss retirement.

Of the 2,321 surveyed, 24 percent say they’ve never discussed how much they need for retirement with a spouse or a partner.

Low income couples are least likely to discuss the issue. And no surprise, more older people have talked retirement than those 18 to 34, But if the younger demographic starts tackling the issue today, them maybe they’ll be better prepared and less anxious when the time comes to hang up the briefcase.

One interesting tidbit in the survey discussed partner conflicts. For instance,less than half of married couples or domestic partners agree on how much they are saving for retirement. Sound familiar?

How have you decided on how much to save for retirement? Did you calculate how much you’ll actually need? Rely on the 10 percent benchmark many use? Are you saving as much as you possibly can due to other expenses? Or just a wild guess?

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