A failure to communicate

If you think you have trouble communicating with your boomer clients, it’s nothing compared to how they communicate with their spouses. A recent study of over 500 boomer couples by Fidelity shows less than half of couples make budgeting decisions together and only 38 percent agree on retirement investments. Nearly half of couples – 49 percent – expect a comfortable retirement, but 42 percent disagree on what kind of lifestyle they’ll have. And, 10 percent fewer couples have completed a formal retirement plan than the last time Fidelity conducted the survey in 2007.