With a multitude of resources and plenty of advice out there about how and when to retire, there’s still an gap when it comes to making a decision that—while it may feel like a very personal one—must involve the ones you love. While the financial aspects of your retirement planning are obviously of paramount importance, retirement is also a profound lifestyle change: a decision that impacts your entire family. Couples need to work together to decide when to retire, understanding that the decision(s) they make will have a significant aspect on their finances and their retirement lifestyle. Once you sit down with your spouse or significant other to plan out a mutually agreeable retirement strategy, you will likely be forced to consider a range of complicated questions that go well beyond the bottom line. Everything from family dynamics and age difference, to lifestyle differences/preferences, job satisfaction, health care and even gender roles can influence these decisions, and it is important to think and talk through this well before taking the retirement plunge. One of the biggest and most fundamental questions that all-too-often goes unaddressed is that of where—and how—you want to live. Your real estate aspirations and limitations will be impacted by the timing and structure of your retirement decision. Remember that retirement choices can have a ripple effect on things like family medical benefits, social security claims, insurance, and other economic and lifestyle considerations, and clear communication and compromise with your spouse and family members is important. It’s a good idea for couples approaching retirement age to plan ahead and work together to determine the best time to retire that comes closest to fulfilling both of their personal and financial goals.