Don't let it in the house.
Y'all will really bond while watching tv together on the couch and the wife is outside.
I got a black one coming in 3 weeks. I have owned two black labs and they do shed badly and a couple times a year the "blow" their hair, you think they will go bald !!!
All folks I asked your questions too all point to the furminator. You can hook it to your vacuum if you don't want little yellow clumps of hair floating all over your yard.
Also most Petco's and PetSmarts provide this service in their grooming offerings.
Maybe your wife can take your pup???