She does have a pension through working in the local school system but refuses to look at it as it stresses her out. She does know it’s hardly anything. Maybe a few hundred a month. She HAD a 403B but it’s been exhausted in loans and hardships.
I’m a retirement consultant by career and am at complete loss at what to do regarding her situation. I’m not a licensed advisor. She has a long term partner who she’s planning on moving to be with next year, meaning she’ll leave her school job as she’ll live a couple hours away. Which will cut her pension prematurely.
I’m not sure what advice I’m even asking for. I’m extremely worried about her abandoning her career at 59 and losing out on her pension. She hardly knows anything about her partners finances as they “don’t like to discuss it.” He has a decent job but it’s also for a small business so I have no idea how their benefits are set up. And it’s not his job to make up for her shortcomings, given they do marry as planned someday.
I’m just extremely stressed and she’s giving me no info. She’s leaving and doesn’t care about her pension because her happiness comes first. 403B is gone. Can’t talk to SO about his finances because it’s awkward.
I don’t know what I’m even asking but I can hardly keep myself financially stable at 26- let alone be planning on keeping her stable for the next few decades. I’m stressed and bitter as I feel like the responsibility of this will fall on me while her head is in the clouds.
Submitted November 16, 2023 at 12:48AM by weinerdogsupremacy https://ift.tt/X4J3phA
