A widow/widower is not probably something you look forward to becoming. But as you get older, the possibility of becoming a widow/widower increases.
According to a recent article by USA Today, planning for such a possibility could greatly benefit you financially.
“Among the risks that married couples face in retirement, this one is unavoidable. It’s the risk of becoming a widow or widower. And that risk comes with some dramatic consequences. . . “
The article touches on several possible outcomes once a spouse dies, and a plan of action for approaching the subject. The article also gives tips as to how to make the planning a little easier on you and your spouse.
Visit the USA Today site here for the full article.
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