GoKawiilMorningstar analysts outline retirement planning steps for single-income couples
Christine Benz and Valentina Djeljosevic of Morningstar discussed how couples living on one income should approach retirement planning, including emergency funds and Social Security filing timing. Benz advised such couples to look beyond their current household budget and assess how retirement savings will be funded on a single salary, and to consider how the non-working spouse might re-enter the workforce later, such as through part-time or contract work.
GoKawiil's interpretation of the reporting above, not reported fact.
Single-income households face distinct retirement risks because contributions to retirement accounts may rely on just one paycheck, potentially leaving less saved over time. Benz's suggestion that the non-earning spouse maintain part-time work implies that preserving career skills could matter as much as near-term savings for long-term financial security.
- Single-income couples need customized retirement plans rather than standard advice.
- Experts recommend evaluating long-term retirement contributions, not just the current budget.
- Keeping skills current through part-time or contract work can ease a spouse's return to the workforce later.
Source: fastcompany.com, 2026-10-06
Published there as: “Retirement planning looks different for couples with one income. Follow these expert tips”
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