Would you prefer he said I have $250K in credit card debt? This hardly sounds like the world's worst problem.

Maybe he's a male gigalo

Mommy make over!

I highly recommend Vanguard. They won't screw you like Edward Jones.

Thank you for your help. What he means is: I am losing my job, don't panic. YIKES!

Anonymous wrote:You should go to a financial planner to get a 3rd party involved. All the cards will be on the table. The financial planner will send you yearly reports.

Get a financial planner, definitely. Meet with him/her in person. If nothing else, the process of going to a FP will force you to bring all your financial issues to the table. Then insist on checkups with the planner or at the very least keep the financial docs up to date (so you know where all the $$ is).

Sorry to say, but sounds to me like you two don't really communicate. He doesn't tell you about this account and large sum of money, which he doesn't really know what to do with. You don't actually talk to him and ask him questions about it, but come onto an anonymous forum to ask people who you don't know and are renowned for being snarky and nasty to ask what to do.

I suggest that first you sit down, talk to him about the money, how he got it and why he's never mentioned it before. Then jointly decide how best to handle the money to maximize the benefits to your family. If you have no pressing need for additional income (not wants, but needs), and don't know how best to save, invest or use the money, then go to NAPFA (http://www.napfa.org/) and find a fee-only financial consultant who will charge you by the hour, without trying to sell you any products, who can take the information about your family and finances and come up with a financial plan for what to do with the money to maximize the benefit to your family.

Tell him it needs to be a joint account.

Find a copy of a statement so that you have the bank name and account number. This is good news for you guys financially, obviously, but problematic that you are in a marriage where your husband doesn't keep you apprised of your assets.

You should go to a financial planner to get a 3rd party involved. All the cards will be on the table. The financial planner will send you yearly reports.

OP: First I heard was yesterday.

WTF TALK to you Dh about it. Ask the questions to him.

If you dont know the details how can anyone help you on here? Seriously communication people!

Ummm, not sure. He said it in a "well maybe I should do something about having so much cash not invested, but not sure what" kind of way. I was thinking??? He is sort of frozen about it.

We need more to go on, OP. He told you in a kind, "don't worry, sweetie, we have a $250K nest egg" way, or in the midst of marital discord where he spews "I've squirrled away $250K without your knowledge and I'm going to take off with it" kind of way? Or just a matter of fact way: "you know i'm cray-cray and to prove it, I've saved $250K without you knowing...bam!"

I have been having some questions about my DH mental state for some time. Now this? WTD? We are not multi millionaires...