As someone said a few decades ago, what we have here is a failure to communicate. Among couples, that is. A Fidelity couples retirement study finds that despite the fact that 72 percent of couples say they communicate “exceptionally” or “very” well on financial matters, that’s actually pretty far from the truth.
Instead, 43 percent couldn’t correctly identify how much their partner makes. And of that group, 10 percent were way off—by $25,000 or more.