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Money and Finances
Reply to "Middle-aged and a financial dud"
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[quote=Anonymous][quote=Anonymous]Can I turn it around? Sometimes I'm afraid of being homeless in my old age. I rent, terrible at saving, decent enough but not lucrative job, spouse in same boat, measly retirement and maybe 5k in an Emergency fund.[/quote] Share more specifics for people to help.. Age - You and spouse. Jobs - Are jobs secure? Where do you work - Private co, federal Govt, non-profit, state govt? Salary - You; Spouse Kids - Ages Home - How much is rent Current savings - How much do you save? In what vehicles? Expenses - Breakdown of expenses each month. How much do you have left over after expenses. Other info - Health issues; kids related issues, etc. that might cost money. Savings - Exact amounts of what you have saved - 401K, IRA, investment account, savings, etc. Pensions - Are you expecting any? If so, when/how much? [/quote]
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