Couples:Talk Finances - WAOW - Newsline 9, Wausau News, Weather, Sports

Couples:Talk Finances

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DES MOINES, Iowa (AP) -- Workers have become more involved in retirement planning but too often just one member of the family takes care of investments and strategy, leaving the spouse unprepared to take over if needed.

Fidelity Investments says 41 percent of the couples surveyed in May handle retirement investment decisions together. That means just one person -- usually the husband -- handles the retirement planning for a majority of families.

More worrisome is the fact that only 17 percent of couples say either spouse is prepared to assume sole responsibility of their retirement finances if necessary.

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