Quote:
Originally Posted by quirky3
Guess so.
They are trying to be helpful. I know when my Dad died, my Mom didn't know how to drive, write out a check, or interpret the bills coming in, let alone longer term financial planning. I think they are tryng to address a reality.
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quirky, Thank you for posting this. As much as I complain about my job, my employer stills offer a pension plan in addition to a 401K plan for its employees. Now will my company's pension plan still be there in 7 years when I can collect on it...who knows?
When I was in high school I was so surprised to discover my mother did not know how to write a check. She always kept money squirreled away in various parts of the house "just in case." After she passed away, my dad kept finding these money hiding places for several months. That was my mom's investment strategy -- hide money throughout the house
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On Monday night I am taking a class (called Flying Solo and Landing Safely) on investment strategies for those who are single. I'm hoping to get some good insights from this class which is supposed to give guidelines on how not to outlive your money.