Retirement changes everything about your budget. Here's how to manage it as a couple.
Income Sources to Track
- Social Security (both spouses)
- Pension payments
- 401k/IRA withdrawals
- Investment dividends
- Part-time work income
The 4% Rule (and When to Adjust)
Withdraw 4% of retirement savings annually, but adjust for:
- Market conditions
- Health expenses
- Travel plans
- Legacy goals
Healthcare Costs
The biggest wildcard:
- Medicare premiums
- Supplemental insurance
- Prescription costs
- Long-term care planning
Tracking in Retirement
Even simpler matters:
- Know exactly what you spend
- Both partners stay informed
- Adjust quickly if needed
Start Tracking Together
Download Pocket Clear free. Simple expense tracking for couples and expats.