How do you manage a joint cash flow with separate assets? In addition to discussing Mark and Mary’s situation, today I chat with Kay about how she and her husband handled finances with their late in life marriage.

Kay gives us some insight on how to manage finances in a financially unbalanced relationship. You’ll appreciate her perspective on how to manage the household cash flow when you haven’t always been married.

Make sure to stick around to hear an update from Sam, our single Retirement Plan Live case study from 2018. She’ll let us know how she’s been doing, what has surprised her about retirement, and whether her retirement plan has changed. 

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

RETIREMENT PLAN LIVE

• [6:40] A comment about this RPL
• [8:12] How to discuss uncomfortable topics with your partner
• [13:56] Some examples of how separate assets can work
• [19:03] Chatting with Kay about her relationship and prenup
• [25:14] How they managed cash flow after they married
• [31:40] How they navigated the financial challenges in their marriage

CATCHING UP WITH SAM FROM THE 2018 RETIREMENT PLAN LIVE

• [34:18] What Sam has been up to since we last chatted
• [38:01] How she has dealt with the ups and downs of the markets
• [42:26] Does her retirement plan look the same?
• [44:41] What has surprised her about retirement

TODAY’S SMART SPRINT SEGMENT

• [50:24] Think about how you will manage your cash flow in retirement

Resources Mentioned In This Episode

2018 Retirement Plan Live with Sam 219, 220, 221, 222, 223

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

We’re back with Retirement Plan Live to explore how two adults who married later in life can share their resources as they age.

Last week we looked at their goals both individually and together and today we’ll do the same with their resources. Listen in to hear the different ways that older adults who come together later in life can pool their resources so they can rock retirement.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

RETIREMENT PLAN LIVE

• [2:55] Let’s look at their resources
• [8:56] How can they use these resources together and separately
• [14:22] What to expect next week

BRING IT ON WITH MARK ROSS

• [15:30] How to have a positive attitude while you age
• [18:02] Developing a purposeful path to aging
• [20:03] 3 things to consider

TODAY’S SMART SPRINT SEGMENT

• [22:06] Organize and refresh your financial resources

Resources Mentioned In This Episode

BOOK - Who Do You Want to Be When You Grow Old? by Richard Leider and David Shapiro

BOOK - The Comfort Crisis by Michael Easter

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Do you like lemonade? If so, you won’t want to miss out on the lemonade I make on today’s episode. 

We’re discussing goals on this episode of the Retirement Plan Live series and we get to catch up with Lori from the 2017 Retirement Plan Live. Find out what she is up to and how to work through shared and separate goals in retirement.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

RETIREMENT PLAN LIVE 

• [3:42] Mark and Mary’s differences developed into a big conversation
• [9:00] Mark’s values
• [10:12] Mary’s values
• [14:01] Inferring their goals
• [16:03] When they will retire

CATCHING UP WITH LORI FROM THE 2017 RETIREMENT PLAN LIVE

• [22:48] What Lori and Bruce are up to today
• [27:18] Has their retirement plan changed?
• [33:01] Their plans for the future
• [35:15] Her advice for new retirees

TODAY’S SMART SPRINT SEGMENT

• [38:12] Revisit your goals for retirement

Resources Mentioned In This Episode

RetireAgile.com

LiveWithRoger.com

2017 Retirement Plan Live with Lori and Bruce 193, 194, 195, 196

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

If you’re married, do you have retirement planning meetings? If you’re single do you plan a time to meet with yourself to plan your retirement? What or whom do you use as a sounding board?

In this Retirement Plan Live, we’re getting to know Mark and Mary–two lovely people who have found each other later in life. This mature newlywed couple is trying to iron out the details of their finances. 

Sit back and enjoy this episode where we meet Mary and learn about her story and the financial challenges she and Mark are facing in their new marriage. As you listen to Mark and Mary’s story maybe you can use it to frame your own retirement planning conversation. 

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

A BIT OF HOUSEKEEPING

• [1:50] What is the retirement podcast network?

• [3:43] Books I read in December
• [7:00] A correction on a recent question
• [7:45] Some listener wisdom on what Rojo should do to retire at 60
• [13:43] Sign up for the results webinar!

MEET MARY

• [14:38] What motivated her to volunteer for RPL?
• [19:03] Advice for anyone navigating the online dating world
• [20:15] How they ended up together
• [23:31] Mary’s aspirations for their relationship

BRING IT ON WITH KEVIN LYLES

• [37:10] The phenomenon of unretirement
• [43:44] What to do if you are considering unretirement
• [45:49] A Social Security tip if you do unretire

TODAY’S SMART SPRINT SEGMENT

• [46:28] Have your retirement planning meeting for the year

Resources Mentioned In This Episode

BOOK - One Flew Over the Cuckoo’s Nest by Ken Kesey

BOOK - Name of the Wind by Patrick Rothfuss

BOOK - The Wise Man’s Fear by Patrick Rothfuss

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center

Today you’ll meet Mark–half of our newest case study for Retirement Plan Live. Mark and Mary are a year and a half into their new marriage and are trying to figure out how to plan the rest of their lives. On this episode, you’ll learn about Mark and his aspirations and concerns for their life together. 

In the next episode, you’ll meet Mary, in week three we’ll discuss their goals, the following week we’ll look at their resources, and finally, we’ll see how they manage their cash flow and learn who pays for what. 

Make sure that you’re signed up for the live webinar on February 1 at 7 pm CST. In this webinar, you’ll get to see how everything panned out for Mark and Mary. To sign up, head on over to LiveWithRoger.com and mark it on your calendar.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

MEETING MARK

• [3:30] What motivated Mark to volunteer for this case study
• [9:15] Mark loves spreadsheets
• [15:26] How they merged their lives

BRING IT ON WITH DR. BOBBY DUBOIS

• [22:54] Should you do a broad spectrum of tests?
• [24:10] Why you should or shouldn’t do these tests
• [38:10] Why I did some screenings
• [46:51] How to do screenings productively

TODAY’S SMART SPRINT SEGMENT

• [50:24] Organize the tests you’ve had from your doctor

Resources Mentioned In This Episode

Function Health

BOOK - Outlive by Peter Attia

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center