Reply to WWYD? Serious BF dropped a bombshell on me

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does he make enough to support a family? Most guys don't, so this conversation is a non starter.[/quote]

He does actually, I don’t know specifics regarding #s but, considering where he lives, what kind of car he drives, his hobbies, etc., I think he makes what I consider to be a lot of money (I would guess high six figures).

That’s also why his staying at home is a total non starter. He owns and runs his own successful business. He’s not going to give that up.[/quote]

I would be careful about assigning expectations of income on consumption.

[b]What is his career; is it very demanding? [/b]How stable? If he comes from a poor family, that means you don't have the built in safety net of parents with money to help out if things go south (like let's say he owned a travel agency in the 90s, his business could be disrupted).

But it sounds like he expects to be the role for the provider, and you are in charge of the family (likely whether you work or not).  Just try to puzzle out how things will go down if life doesn't go as expected b/c it often doesn't.

The unhappiest people I know are those who live with great expectations.  Flexibility and gratitude can make life much better. [/quote]

He works in asset management investing people's money. I know how much is in the fund and it's a lot. I don't know anything else about it though. I don't know much about that industry in general.[/quote]

Whoa. Travel agency joke was very apropos. Asset management is being heavily squeezed by the rush to index and ETF, as well as roboadvisors and AI investing. Right now a lot of baby boomers need hand holding and your BF is getting his cut, but I really would want to have a 2nd income unless you have wealth parents or his mom remarried a wealthy stepfather. [/quote]

I don't want to get into the specifics but he's taken this into consideration. It's actually a quant fund with very low fees. That's one of his selling points.[/quote]

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