marriedwell
Confused about dryer sheets
- Joined
- Sep 22, 2005
- Messages
- 2
So here is my situation . . .
My wife’s father was very frugal and smart and nice enough to set-up investment accounts for my wife in the early '70's when she was young. The $10-$15K he put into the account in the 70's are now worth close to $2,500,000 in stocks and bonds and payout roughly $60,000 in dividends a year. Now that is called ROI! She does do anything with the investments, only spends the money as it gets transferred into her checking/savings account.
On top of this, we just found out that we are inheriting roughly $1.5 million this year from a recent unexpected death in the family.
We are both in are 30's and have two very young children.
I am personally shocked by these numbers, as I thought that I was doing well with my $100K in savings until this situation unfolded after we were married.
I want to spend more time with my young children and feel like taking an indefinite "leave" from the real word to do so, and possibly travel with the our young family. I am very apprehensive to do this for several reasons:
1. Affraid her father would not approve of me not working (and living off his/her money)
2. Concerned it would insult my father who isn't retired and paid my way through college
3. Concerned about the what sort of example I would be setting for our children.
4. I would also like to continue to earn and save money for myself. . . "make money the old fashion way" . . . and also do not want to wake-up one day in the future to find my wife is leaving me and will be taking the /"her" money with her!
Sounds like a lot of issues for someone who is in an incredibly good finacial position doesn't it? ? ?
Any thoughts are suggestions?
My wife’s father was very frugal and smart and nice enough to set-up investment accounts for my wife in the early '70's when she was young. The $10-$15K he put into the account in the 70's are now worth close to $2,500,000 in stocks and bonds and payout roughly $60,000 in dividends a year. Now that is called ROI! She does do anything with the investments, only spends the money as it gets transferred into her checking/savings account.
On top of this, we just found out that we are inheriting roughly $1.5 million this year from a recent unexpected death in the family.
We are both in are 30's and have two very young children.
I am personally shocked by these numbers, as I thought that I was doing well with my $100K in savings until this situation unfolded after we were married.
I want to spend more time with my young children and feel like taking an indefinite "leave" from the real word to do so, and possibly travel with the our young family. I am very apprehensive to do this for several reasons:
1. Affraid her father would not approve of me not working (and living off his/her money)
2. Concerned it would insult my father who isn't retired and paid my way through college
3. Concerned about the what sort of example I would be setting for our children.
4. I would also like to continue to earn and save money for myself. . . "make money the old fashion way" . . . and also do not want to wake-up one day in the future to find my wife is leaving me and will be taking the /"her" money with her!
Sounds like a lot of issues for someone who is in an incredibly good finacial position doesn't it? ? ?
Any thoughts are suggestions?