masd57
Dryer sheet wannabe
Hi, I am a 58 yr old woman, legally separated from my husband of 28 yrs. I have always been a stay at home mom. The last 7 yrs, along with raising kids, I have been caregiver to my elderly mom and aunt. My kids are now, 26, 24, and 17. My aunt passed away 2 years ago, leaving me with a small inheritance $100K. My mom just passed away in June of this year. I will be receiving a larger inheritance from her, approximately $300k. My husband and I have been separated for over a year. We are not going to get a divorce, but I have been working to protect myself financially from his actions. He is mentally ill and been unstable for the last several years. Because of that fact, he can ruin us financially. We have two houses. The one I am living in with the kids is now solely in my name. I have my own savings and checking account. I have been awarded half of his retirement savings through a QDRO. I have been considering what to do with all this newly acquired money in order provide myself with income if he were to lose his job. Right now, he is paying me spousal support that is covering me and kid expenses. I put the money I received from my aunt 50% Wellesley and 50% Wellington and have been very pleased with that. I don't know if it would be foolish to do the same with everything else? It would certainly make life easier for me if everything was in the same company and the same funds. Right now, my mom's money is in one company and the QDRO money is yet another company. I do want moderate growth, but I am not really in any position to put the money at too much risk.
Thanks for your thoughts. I am a long time lurker and have learned so much from all of you through the years. I wasn't sure where I could turn to brainstorm through this dilemma.
Thanks for your thoughts. I am a long time lurker and have learned so much from all of you through the years. I wasn't sure where I could turn to brainstorm through this dilemma.