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Money and Finances
Reply to "Retirement finances in an age-gap relationship or marriage"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]1. Aggressively pay off your student loans first. They are considered your separate debt since they predated marriage. As he has financial obligations related to choices he made to have kids before you two met, so do you with student loan debt. If I were you, I'd throw everything you've got after maxing out your 401k into your student loans. 2. [b]Don't become his sugar momma[/b]. The bottom line is that he can't retire until he has enough to cover his retirement expenses. Because he's been irresponsible with money, you two will probably have to retire simultaneously. Maybe when he's 70 and you're whatever. Don't be a martyr because he didn't save. [/quote] This is why I love the financial acumen of women. They are really good at using your money (stupid sugar daddies), but they are really good at keeping theirs. [/quote] Okay, take notes? Don't be a sugar daddy if you can't afford it. OP certainly can't - she's given indications like she has student loan debt, and they are still saving/don't yet own a house. [/quote]
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