Reply to Retirement finances in an age-gap relationship or marriage

Forum Index » Money and Finances

Reply to "Retirement finances in an age-gap relationship or marriage"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Consider speaking to a financial expert. It's possible he should be putting all his money into retirement (since he will retire sooner), you use your money to pay off his loans and then when he kicks the bucket, you will be entitled to his Social Security - if it exists by then since DOGE uploaded all your data to an insecure server (but I digress). [/quote]

No, this is terrible advice. OP should not stop contributing her 401k.  He'll probably leave most of "his" money to his kids when he dies, regardless of any empty promises made now, so she's got to prepare for her own future.  She should cover her equitable share of their expenses as a couple (so if they make the same, 50%), and with the remaining, max out her 401k and aggressively pay down her loan.  He's been divorced once, so the odds are not in their favor.  Don't ignore reality. [/quote]
+1  If my DH passes away or we divorce, and I get remarried, I will be protecting most of my assets for my kids.  I won't be leaving my money to my new partner.

I'm all for sharing expenses, but in a second marriage involving older children and debt, I would protect myself financially.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics