
Nontraditional families are becoming more traditional. For more than 20% of opposite-sex couples who lived together in 2021, at least one partner had children with another partner, according to the most recent data available from the U.S. Census Bureau. And there were more than 2.4 million stepchildren in the U.S. in 2021, according to the Census Bureau.
If you’re planning to become part of a blended family, consider these financial issues as you and your spouse start a new life.