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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My wife has not worked in 20 years. She came into marriage 20k cash and a Toyota with a loan.

My net worth was 100k

Today our net worth 5 million of which she gets 2.5 million in divorce. She also collects my full SS as married over 10 years

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Exactly. So much fear mongering on this thread. Newsflash - in a divorce, BOTH partners have less money than prior to divorce. This is basic division. Doesn’t mean anyone is living on the street.[/quote]

Very few people have $5M in savings.[/quote]

You obviously knew her financial situation when you married her. That's on you not her.[/quote]

Having a SAHM wife is reason I earn a lot. I earned most of my money since 2006 and we got married in 1998 when making 55k. By 2007 was making $300k. My 100k money pre-marriage was just 80k equity in a coop apt and 10k cash and 10k car. Not exactly much.

I could Have married rich as dated a super rich girl. But did it hard way.

Want to protect your self DONT WORK and have several kids and support husbands career and investments as remember you get half in divorce and all in death ?

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