Getting married in your later years is exciting, but may also require some planning and lifestyle adjustment to ensure a smooth transition. If you and your partner are in your golden years and hope to get married in the near future, you may be wondering how you can juggle navigating a new marriage and handling everyday life, from money matters to retirement questions and more. Whether you plan to retire together in New York City or Los Angeles, there are a few tips that can help you both ease into your marriage and your golden years.
Search for Your Ideal Forever Home
Now that you’re getting married to the love of your life, you can keep the dream going by purchasing your ideal forever home together. The right house can play a role in boosting your happiness and providing a pleasant environment for you both to thrive.
When shopping for your forever home, there are a few things to keep in mind. Choose a location where you could see yourselves retiring. Also consider your house budget, monthly bills, and the home’s proximity to your desired amenities, such as parks, restaurants, cafés, entertainment venues.
Determine How You Want to Handle Finances and Combining Accounts
According to one study, financial troubles are a leading cause of marriage problems. You can avoid conflicts by having frank discussions about finances upfront. For instance, you could better manage your money by:
Letting your partner know about any debts you have
Agreeing on a monthly budget
Discussing your usual spending habits
Deciding on whether to open a joint bank account
Stay Healthy With the Medical Insurance or Medicare Coverage You Need
For older couples, having adequate medical insurance is crucial. The right insurance policy can provide you peace of mind and help you stay as healthy as possible, so you can continue to enjoy the years together. Once you’ve secured the necessary medical coverage, you can focus on living a healthier lifestyle together. Healthy habits could include going for daily walks, attending fitness classes together, and learning to cook fresh meals at home.
Get Tax and Social Security Issues Squared Away
Legal issues, from tax issues to Social Security concerns, are another common concern for many senior couples. To get these concerns squared away as soon as possible, research whether your marriage may:
Affect the amount of Social Security you can withdraw
Impact your ability to draw spousal benefits
Change your current tax bracket, if you are not yet retired
Affect whether you will receive a tax return
Take Good Care of Your Mental Health
As you well know, sometimes life can get a little overwhelming, which can often cause us to feel anxious, stressed, or depressed. Fortunately, if you’re open to online options, connecting with a therapist is as easy as using an app. Many online services offer free consultations prior to booking your first appointment, allowing you to see if this platform works for you. Not only can online therapy services connect you with professionals from the comfort of your home, but they also allow you to find a therapist who specializes in the mental health care you need. Whichever way you choose to do it, make sure you reach out to a professional if you need help.
For many senior couples, getting married later in life is the perfect way to kick off the golden years. To successfully navigate your new marriage and juggle the demands of everyday life in your later years, make sure to follow these five key tips and visit Smart Strategies for Successful Living for more helpful and healthy resources.
Written by: Annabelle Harris
Annabelle Harris is the creator of Elders.Center. Her goal is to help soon-to-be-seniors and already-seniors move gracefully into their golden years with less fear and more confidence.