Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. retirement.

Hi, everyone.

Welcome back to another episode of Ready for Retirement.

I'm your host, James Knoll.

On today's episode, we're going to be talking about specific and unique planning points to those of you who are

looking to retire and there's a retirement gap between you and your spouse. So in other words,

if you and your spouse aren't planning to retire on the exact same day or even in the exact same

year, how does that change some of your planning points and some of the strategies that you need to

look at as you approach retirement? This episode was prompted by a listener question,

and listener asked to remain anonymous. I'm going to call her Sarah for the sake of this

podcast, and Sarah, our anonymous listener, says this. Give some details. She says, I'm 50 years old,

my husband is 60 years old. My husband makes about 150,000, and I make around 100,000,

and we also have about 25,000 or so of

rental income. My husband would like to retire when he turned 65, and I would like to retire at age 62.

That being said, I will continue working for a number of years, about seven years, between the time

my husband retires and the time that I retire. We currently have about $1.6 million

saved up in our retirement accounts. We both have 401ks at work and both of them have the Roth

options. And other than our mortgage, we don't have any debt. With this age gap, how should we

plan for retirement and what are the things that we need to be aware of along the way?

Good question, Sarah,

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