living expenses

The average Gen Xer is on track to face $1,700 a month income gap in retirement. The average baby boomers will fall a whopping $2,100 a month short. Those may sound like insurmountable numbers, but don't throw in the towel yet.

Generations of Americans are facing threadbare finances in retirement: Judging by what people say they expect to spend versus what they expect to take in, the disparity between income and expenses will be severe.

Shacking up isn't just for young folks anymore. Plenty of unmarried retirees are spending their golden years together. And while skipping the "I dos" can seem like the easier course, just living together can be complicated at this time of life. But we've got some tips to help you avoid the pitfalls.

It's certainly not easy, but for those who can do it, calculating expenses jointly helps clarify points in the negotiation that should be acceptable to both parties. And any post-divorce expenses will need to consider all manner of child care costs.