'My wife continues to play an aggressive 80% stock strategy’: We have $3M in investments, but I’ve paid the bills. Should we split our expenses when I retire?' The Moneyist has some advice:
My beautiful wife and I are both 64. We were married late in life, and thus keep our assets separate. My wife is an amazing investor. She retired from a career as a teacher, and did not make much money, but she has amassed $1.5 million through aggressive investing and dollar-cost averaging.
At the moment, I am the sole breadwinner so I am paying for 90% of our existence, which is OK for me. I want my wife to continue to build her mountain upon which to retire. Plus, we moved to Europe so she could take care of her ailing mother while I continue to work. I feel we should pool our resources, and live off that. When the market tanks — oh, and it will, BIG time — we can then dig into our assets.This is a pandemic puppy of a problem. I’ll explain why.
Studies suggest that finances are the biggest source of anxiety and conflict between partners. According to the American Psychological Association, younger people typically experience more stress in relationships than older couples, regardless of the economic climate. Dynamics between couples shift over time, and across generations. Prenuptial agreements appear to be less taboo among millennials than previous generations.
Check out the Moneyist private Facebook group, where we look for answers to life’s thorniest money issues. Readers write in to me with all sorts of dilemmas. Post your questions, tell me what you want to know more about, or weigh in on the latest Moneyist columns.• I live with my girlfriend, 59, who owns several homes and has saved $3 million. I pay utilities and cable, and do lots of repairs.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lorne Michaels Considering ‘SNL’ Retirement: “A Really Good Time to Leave”The 'Saturday Night Live' boss says the show's upcoming 50th anniversary could very well be the right time to exit.
Read more »
Kaley Cuoco enjoys special day out with lookalike mom in adorable new photoKaley Cuoco showed fans that genes really do make a difference as she shared a picture of the day she spent with her lookalike mother
Read more »
Kody Brown: Christine Complained About Relationship 'for Years' Before SplitSister Wives' Kody Brown and Christine Brown announced their decision to split in November after more than 25 years together — read more
Read more »
Schools need teachers of color. This is how to retain them, educators say.All students, including white students, benefit from having teachers of color, according to a summary of the research by the Learning Policy Institute.
Read more »
Kim Kardashian Says She Really Likes Taylor Swift’s ‘Super Cute & Catchy’ MusicIn a new interview, Kim Kardashian revealed that she really likes Taylor Swift's music
Read more »
Danny Dyer complains his wife is 'f***ing hard work' over Christmas giftsEastEnders actor Danny Duer, 44, confessed that he found it frustrating buying Joanne Mas - who he wed in 2016 - presents that she would inevitably return
Read more »