Reply to SAHMs, how much money do you have in your own name that is not joint?

Forum Index » Money and Finances

Reply to "SAHMs, how much money do you have in your own name that is not joint?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]My mother is 79 years old. My dad is 80. They have had a "traditional" 1950's Ward and June Cleaver setup throughout their 57-year marriage. My mom was always a SAHM. And my dad was the full-time worker. Their marriage was always solid. And both of their parents' marriages were solid and only ended when spouse died.

Yet my mother INSISTED throughout their whole married life, even today, that she have some money only in her name because you never know. She didn't do it because she was planning or even thought that there would be a divorce or cheating or other improprieties. She did it because one truly never knows how someone might change or circumstances could change at the drop of a hat. In her words, "you can't be too careful."

As her daughter, I too, have always kept money in my name only. And my marriage is solid. I can't see either one of us being unfaithful or leaving. But I also couldn't see nearly half of the voting public picking Trump for President either, so sometimes it pays to have a backup plan just in case.

I have $450K in my own retirement account and $200K in various savings/investment accounts in my name only (about half of that was from accounts I had before I was married). My husband has $775K in his own retirement account and about $100K in savings in his own name. And combined we own the house and have about $300k in investments.[/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