02.22.24

Communications Key In Couples' Financial Health, Fidelity Finds

by: Edward Hayes

The 2024 Fidelity Investments Couples & Money Study, found that of partners who say they communicate well, 78% said that money is not their number one relationship challenge, compared to 51% for partners who said they do not communicate well. Those who work with an advisor were also less likely to be worried about their finances, according to the study. Forty percent of couples who have an advisor said that they are worried about having enough money to save for retirement, compared with 59% of couples who do not work with an advisor. And just 26% of couples who work with an advisor were worried about building up enough emergency savings, compared with 47% of couples who do not work with a financial advisor.

Read the full article on Financial Advisor