Ugh! Really? Stop.

This is a valid question. If there are no retirement accounts for SAHMs and SAHDs , then fed govt. should create some financial tools that does that.

This is the only way to protect the interests of the SAHM or SAHD. And if it is pre-tax then there is further value to the family. Even an inanimate house allows people to get tax-deductions.

Anonymous wrote:Retiring from what exactly ?

My Bon Bon eating, of course.

Retiring from what exactly ?

Anonymous wrote:

Anonymous wrote:Where would you be getting the money from to deposit into a retirement account? Stealing it from your husband?

Oh yes, that's how we roll, complete with handcuffs and a gag.

Me too!! Have you thought about feathering the nest with a feather boa?

Wait! What the heck forum is this? Money or Relationships?

The earnings from my per-martial assets is over $20,000 annually. But thanks for assuming SAHMs "steal" from their husbands.

Anonymous wrote:

Anonymous wrote:What % of your income are you looking to put away?

What if I have quite a bit of interest income?

Interest is "unearned" income, and doesn't count toward income on which retirement account contributions can be based.

You can contribute $5,500 for 2013 and $5,500 for 2014 into an IRA. Then roll it over to a Roth IRA. Then do the $5,500 every year and at age 50 it goes up to $6,500 (until Congress changes the amount). DH does this as well (in addition to maxing out at work). That's the best you can do.

Anonymous wrote:

Anonymous wrote:What % of your income are you looking to put away?

LOL

Oh yes. So clever.