Reply to SAHM: what do you do to protect yourself financially?

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[quote=Anonymous][quote=Anonymous]Well, my husband can be a jerk sometimes, and he knows it.  I work very PT. [b] All money I earn (about $50k/yr) goes into a retirement account in my name.  He also finds a backdoor Roth IRA in my name every year.  House is in my name, mortgage is in his (not sure if that matters, but that’s how it is right now).  I have $30k in an account in just my name just in case I need to pick up and leave.  DH is aware that I have it, but he doesn’t know where it is.  [/b]

I also have a few very close friends and family members.  This is part of the reason I became a SAHM.  I was worried that if something happened to me, there wouldn’t be other people to pick up the slack, and they would be left to more or less raise themselves after their mom died (like I said, DH can be kind of a jerk).  So I made a little colleague of adults my kids felt comfortable with and that feel parental toward my kids.

We have insurance, life and disability for both of us.  My disability insurance is not worth much right now, but it’s hard to get it back if you let the policy lapse, and I do plan to return at some point.  DH’s covers 65% of his income the previous year.  I do have life insurance on myself because I am kind of expensive to replace as a SAHM of young kids.  DH would need 60-80 hours/week of flexible childcare and housekeeping at a minimum.

Anyway, these are some of the things I have done.  No post-nup.  I kind if feel at this point that it would set us on the path to divorce.  [/quote]
It’s always so strange when people post here screaming that women have to have their own money, have their own IRAs funded. When it comes down to brass tacks, 50% of yours is his in the divorce. Just like 50% of what’s in his name is yours. Working, and having money come in while the divorce is being negotiated is what really matters.[/quote]

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