Commentary

Retirement planning is about more than the numbers

We spend a lot of time with clients modeling withdrawal rates, tax sequencing, and portfolio longevity. What we talk about less often but matters just as much, is what retirement actually looks like day to day, especially for couples. 

That’s why a recent piece from financial life planner Derek Hagen, Retiring Together, caught our attention. His core point: two people retiring at the same time isn’t the same as retiring together 

Work quietly provided structure, purpose, and social connection for decades, and when it disappears, couples are often left renegotiating their entire shared life with no script, often for the first time in their marriage. He also flags a subtler issue: when one spouse retires before the other, or when a stay-at-home spouse suddenly gains a “permanent houseguest,” friction can show up in ways neither partner expected. 

Our take

We agree with this completely, and it echoes something we see often in our own client conversations: the financial plan is usually the easy part. The harder and more important conversation is about what each person is retiring to, not just what they’re retiring from. A well-funded portfolio doesn’t automatically produce a fulfilling retirement if the life plan behind it was never discussed. 

For clients approaching this stage, our advice is simple: don’t wait until the retirement date is on the calendar to have these conversations. Talk now about what a good week looks like for each of you, individually and together. The money side of retirement is something we can help you get right with confidence, but the life side deserves just as much intentional planning, and that part starts with you. 

Well worth the four-minute read. Check out the full article here. 

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