Start Hiding money - advice on divorce (1 Viewer)

[Godsbrother]

I know way more people damaged by living in a loveless house with parents who hated each other, than people who had worse childhoods because of divorce. That can sometimes be the right choice for everyone, including the kids. It was for my parents growing up. This seems like horrible advice. 

While I agree with this I also think a lot of people bail out marriages too quickly.  Every marriage goes through ups and downs, especially when you have kids, jobs and other stuff going on in your lives.  Sometimes you have to work on a marriage to make it work out.    If there is no abuse or cheating going on then spend more time together and rediscover the things that made you marry in the first place.

If all that fails then by all means start hiding money.

 

[Thorn]

maine

OIC

Not sure 1MM is enough to live on for 40ish years, unless they live in the county. 

 

[eoMMan]

The whole debate of needing X amount to "BE ABLE" to live on always cracks me up.

It's totally dependent on lifestyle and will vary from person to person.

There are people retired doing just fine with less than $500k and there are people retired not doing fine with $5 mil.  

Yes, there are many costs that people neglect (higher medical costs, assisted living, taxes, inflation, etc.) but to say such a broad statement like "how can you survive on X amount of money" is absurd when applied to a group of people.

 

[culdeus]

The whole debate of needing X amount to "BE ABLE" to live on always cracks me up.

It's totally dependent on lifestyle and will vary from person to person.

There are people retired doing just fine with less than $500k and there are people retired not doing fine with $5 mil.  

Yes, there are many costs that people neglect (higher medical costs, assisted living, taxes, inflation, etc.) but to say such a broad statement like "how can you survive on X amount of money" is absurd when applied to a group of people.

Dude, a group of people isn't what we are talking about. 

We are talking about a single 42 y.o. male possibly with child support/alimony and is sitting on 1M or maybe 500k for life.  

Guy can live on ramen and natty light, I guess.

 

[eoMMan]

Dude, a group of people isn't what we are talking about. 

We are talking about a single 42 y.o. male possibly with child support/alimony and is sitting on 1M or maybe 500k for life.  

Guy can live on ramen and natty light, I guess.

I agree that he shouldn't retire (unless he has some medical issue we're unaware of)....but I think he could if he really wanted to (acknowledging that it wouldn't be an great retirement with extravagant vacations and what not).

I just think it's silly when people don't know someone's lifestyle and say things like that.  Some people live frugal lives and are very happy with it.

 

[DocHolliday]

While I agree with this I also think a lot of people bail out marriages too quickly.  Every marriage goes through ups and downs, especially when you have kids, jobs and other stuff going on in your lives.  Sometimes you have to work on a marriage to make it work out.    If there is no abuse or cheating going on then spend more time together and rediscover the things that made you marry in the first place.

If all that fails then by all means start hiding money.

Strong post.  

 

[ghostguy123]

Strong post.  

No.  Gotta start hiding money even when everything is good.  Otherwise you wont have much time to hide money

 

[Godsbrother]

No.  Gotta start hiding money even when everything is good.  Otherwise you wont have much time to hide money

Solid advice.  I've been married 37 years and there is not enough time to hide enough dough to dump the old broad.   

 

[NIU Kicker]

I think the whole retirement discussion and should he stay or should he go discussion is worth having...... but not really what the thread was supposed to be about.