Quote:
Originally Posted by Two Bills
IRMMA's, RMD's, IRA's QCD's, AGI's!!
It's very complicated being an American with a few bob in the bank.
Much simpler here in UK.
We have it all in cash, hide it under the bed, and plead poverty!  |
Two Bills, you always make me laugh. Nobody has mastered wit like the Brits.
About those abbreviations you hit back into my court — they came with a memory of another time when that happened to me. . .
I have a thing about wanting more women to get a handle on understanding the money in their lives — and I am not talking about the grocery budget.
Anyway, I was going to hear a speaker talking about women and money and retirement. My daughter Boomette is only 20 years younger than me so I thought it was definitely time for “the talk” because I wanted to make sure she knew the facts of money-life. I invited her to come with me and she asked if she could bring a friend. . .
I was thrilled to have two young career women wanting to know more about retirement planning, etc.
The talk was a good one. It even got so far as getting into handling RMDs. (My two guests were not even close to retirement age yet, just trying to plan for it.)
That was when Boomette’s friend slid a cocktail napkin over to me. On it, she had written, “RMD? QCD? WTF?”
Boomer