From Publishers Weekly
Unmarried couples account for more than 5.5 million households in the U.S., but most of them never take the time to plan for a secure financial future. Yet planning is especially important for these couples since, despite their rising number, they still haven't achieved the financial benefits afforded to those who choose to marry, such as health insurance and Social Security survivor benefits. Designed for both heterosexual and same-sex couples, this informative guide to financial planning stresses the importance of discussing individual and joint financial goals with your partner, regardless of how casual or permanent the relationship is. Garrett and Neiman explore a wide range of issues, including how to hammer out a co-parenting agreement and how to decide whether to share a bank account. The authors also encourage couples to start saving more money: "Less than 1 percent of all Americans will be able to retire at age 65 and maintain their same standard of living." Financial planning is often a tense and difficult topic for couples to discuss but, with its real life examples, tidy bulleted lists and a glossary of confusing terms, this book should help readers get the conversation started.
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"I love a book that feels like it was written with me in mind, and Money Without Matrimony is one of those books. It leads you step-by-step through the complex issue of financial planning. And, unlike most books on the topic, it advises unmarried couples - gay or straight - about how to plan for living without the enormous financial advantages that marriage provides, such as Social Security survival benefits."
Lisa Bennett,
Director of the Human Rights Campaign Foundation's Family Project (www.HRC.org/Family)