This Valentine's Day: Retirement Planning for Couples at Every Stage of Their Financial Life

Americans are living longer. There's a 1 in 3 chance that one member of a couple will live to at least age 95, according to the EBRI. That means they need to plan for a retirement that could last 30 years or more.

But nearly half of pre-retirees (48%) say their only source of retirement income is Social Security, which is estimated to replace only 40% of the average person's income, according to the Alliance for Lifetime Income. And surprisingly, married couples with two salaries struggle more than couples with only one salary to maintain their pre-retirement standard of living, according to the Center for.