Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 11-18-2014, 08:59 AM   #41
Thinks s/he gets paid by the post
tryan's Avatar
Join Date: Mar 2005
Posts: 2,447

Why would anyone get married when 50% of the marriages end in divorce, and the other 50% end in death?
Reminds me of a co-worker in mega-corp. He had 2 kids with the live in GF and vowed to NEVER marry her. She dies from some freak disease and leaves a 7 figure life insurance settlement to the 2 kids. Now a single father ... struggling to work full time while raising the kids ... he NEEDS the ins $$ for the benefit of the kids.

Went to court to get the funds released. Judge said "no, it's not yours. It's released when to the kids when they turn 18. But if you were married ....". Last I heard the 3 of them were sharing 2 br apt.

FIRE'd since 2005
tryan is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-18-2014, 01:00 PM   #42
Recycles dryer sheets
Join Date: Aug 2013
Location: North
Posts: 422
Originally Posted by EastWest Gal View Post
Everything earned during the marriage. The ex will not be entitled to 1/2 the 401k, just maybe 1/2 of the 401k contributions and earnings during the marriage. Huge difference. This is also true for all assets. They can't take 1/2 a house your friend owned before the marriage, for example, even in a community property state.
This is how I understand the law to work in her state.

AA (Stock/Bond/Cash ): 90/0/10% MIX (Small/Mid/Large): X/Y/Z% BLEND(US/Foreign): 100/0%, (Value/Growth/Blend): X/X/X% REIT (Real Estate Equity): X% of Assets

FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $3.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.
kgtest is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Where is the Bible Belt exactly? Orchidflower Other topics 121 06-16-2009 09:16 PM
As long as they don't charge for the seat belt freebird5825 Travel Information 27 03-17-2009 08:27 PM
Citation for failure to wear the seat belt Sam Other topics 79 03-14-2009 07:13 PM
Moisture and Slipping Fan Belt TromboneAl Other topics 12 12-19-2008 09:08 AM
The First year under my belt!!! UncleHoney Life after FIRE 21 10-06-2008 04:57 PM


All times are GMT -6. The time now is 05:06 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.