Dave Chilton

You're in retirement.

You're looking at all this income splitting and these other opportunities available to married couples.

Your neighbor threes doors down.

You think, oh, we get along well.

We should get married even though we're not in love because from a tax perspective, it really can add a lot of value to our lives.

Do you think that ever happens?

Shacking up.

Haven't heard that in a while.

I love that expression.

But you know your point.

I think the 70%, by the way, just based on empirical evidence, I think it may be about right.

And a lot of it is because, of course, your housing costs go up so much when you break up.

And even if you're willing to move down to smaller homes, your housing costs still go up.

A lot of times, by the way, nobody wants to move down to a particularly smaller home.

They want to stay in a relatively good neighborhood, blah, blah, blah.

So I think that figure just instinctively may be about right.

And I do think you'll see some people go that route because, as you know, the income splitting alone can make a huge difference on your tax bill.

When you look at insurance products, which obviously you're an expert in being an actuary, I love analyzing insurance policies.

I have one of the worst social lives you're ever going to see, Fred.

This is the kind of thing I do on a Friday night is I look at a lot of these policies and I love analyzing them.