Skip to main content
Payne Points of Wealth Podcast

Financial disagreements between spouses Ep#139

By November 9, 2023November 17th, 2023No Comments

The market can be cruel and impossible to time

Last week we had the most dire forecast and the market was selling relentlessly. Then suddenly a big rally. That’s why the market is impossible to time.

When it comes to the stock market, it's like the darkest hour is right before the dawn.

Ryan Payne

In the long run, to meet your goals you need an equity-like return

We like a balanced portfolio with high-quality bonds to lock in your income and dividends that increase over time.

You need an increasing yield investment to reach your goals..

Bob Payne

The Tipping Point

Financial disagreements between spouses

Here at Payne Capital Management, we work with many couples and we’ve found it can be very challenging to make sure both spouses are on the same page about financial planning. We discuss where things can go wrong regarding some important financial decisions, with our guest and colleague, Frankie Lagrotteria, Financial Advisor.

Some of the challenges we see include:

  • Making the wrong choice and how you handle a spousal benefit on your pension

  • Decisions about social security

  • Disagreements about risk

  • Disagreements over spending

  • Having a plan for what you’re going to do in retirement with your time

..it's the old expression opposites attract. Boy, is that so true when it comes to financial planning with the average couple.

Bob Payne

We're not just financial advisors here.. we're also couples therapists.

Chris Payne

..one of the number one reasons for divorce is, not having the same type of financial mindset.

Frankie Lagrotteria

It's really important to balance in both spouses' perspective of risk.

Ryan Payne

Hidden Facts of Finance

It took fewer than 5 hours for the jury weighing charges against Sam Bankman-Fried, Former CEO of FTX to convict him on all seven counts, including fraud and conspiracy.

As of 2021, more than 45.3 million people living in the US were foreign born, accounting for about one fifth of the world’s immigrants. But new arrivals for work here, the largest cohort of entries to America totaling 638,000 people, or 41.8% of new arrivals majority, came from neighboring Mexico, which accounted for 55% of incoming workers

Sign Up to Never Miss an Episode!

Get Payne Points of Wealth directly to your inbox each week.