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Reply to "SAHMs with no retirement or college savings"
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[quote=Anonymous]Can we just acknowledge how dangerous it is to be a SAHM with no retirement? Why couldn’t the husband contribute yearly to an IRA for the SAHM, why can’t the SAHM have a small job to contribute the yearly max of $6000/$7000 to a Roth IRA? It’s telling that the husband only contributed to his own retirement. What if they divorce? She will only get part of her husband’s retirement and the amount depends on what the judge determines. Also, if married at least 10 years, she would only get half of his social security. Funding college is the least of her worries. [/quote]
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