Looking for suggestions please. I am 49. US resident. I somehow managed to make it this far without knowing that I have a genetic disorder that means I must realistically plan for the possibility of not making it past 53, or even getting to 53. Obviously I’m hoping to roll lucky dice on that, but in the meantime here’s my question: As a lifetime single parent I took a lot of 1099 work. I don’t own real estate. No 401k or IRA. Zero savings now because I haven’t worked since June 30th as one symptom is narcolepsy & it’s kicking my ass. I have two children, one under 18. I’m betting life insurance won’t touch me now. If we imagine that I resolve my income situation favorably soon, what financial vehicle can I use to RAPIDLY create some sort of tiny nest egg for the kids? I also owe back taxes so I need it to be protected in that regard. Impossible request I know, but any input would be welcomed. If I am wrong about the life insurance, please let me know. I don’t need to plan for hospice etc., as my exit will be sudden if it does happen. TIA.
Submitted November 28, 2017 at 08:32AM by fascinatedobserver http://ift.tt/2BjnZRY
