Reply to Stop including your spouse’s net worth as part of your own!

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When I’m reading the threads about how much is needed to retire, etc. I do find myself looking to see if someone is talking about the amount for themselves or a couple. So in that sense, it kind of does make a difference when referring to net worth.[/quote]

No, it doesn’t.  Again, it’s not like being a couple is twice the cost of being single.  It’s not even close.  [/quote]

I know many couples with expenses far more than double those of a single person.  Usually marriage is entered into with the intention of having kids, and that drastically raises expenses - daycare, college, food, braces, and on and on.  A single person, or one who divorced before kids, will be able to stretch a $1 million or $2 million net worth much farther.

And lastly, one of the main things that eats up net worth is medical expenses later in life.  With two people, the risk of encountering that situation is exactly double than for a single person.[/quote]

The married couple would have twice as much money to use in the event that either one of them has an expensive condition. If both are sick then they are in the same position as a single person who is sick.[/quote]

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