This question to MarketWatch caught my eye.
I’ve been a stay-at-home mom for five years to a 4-year-old and 2-year-old. I’m 32 and I don’t see a clear deadline for when I can return to work. My husband makes 150k a year and is contributing to his 401(k) at 3% with a 3% match.
My question is, how do I secure a financial future for myself? Obviously I need to go back to work but am I too late in the game to be able to enjoy “retirement” years? Any help is appreciated!
Here’s a married woman who seems stuck on using “I” and not “we”. I thought marriage was a partnership. What this women should be doing is having a detailed financial discussion with her husband including working out a plan to assure income and survivor benefits for both husband and wife.
And, her husband should be saving far more than 3% with a $150,000 income.