Dear Moneyist, I am in a tough moral situation and I don’t know what to do. My older sister and brother-in-law have been fighting about money for the past year or so. He is a big spender, not just for himself, but for the whole family, friends, and community. While …
Read More »Help Me Retire: I’m a 32-year-old stay-at-home mom, and my husband earns $150,000 a year. Will I ever be able to enjoy a retirement?
Dear MarketWatch, 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 …
Read More »The Moneyist: My husband died from COVID-19. Will the IRS allow me to use his $1,200 stimulus check for funeral and medical expenses?
Dear Moneyist, My husband and I filed a joint income-tax return. I am aware that the stimulus check for a husband and wife is $ 2,400, and it will likely be one check. Unfortunately, my husband passed away on April 12 from COVID-19, and I have not yet received our …
Read More »Upgrade: I’m 59, and my husband and I earn $500,000 a year — but have credit card debt and nothing saved for retirement. What should we do?
Dear Catey, My husband is 65 and a lawyer and partner in his firm with a thriving practice; I am 59 years old. We have three children (more on that below), and I was fortunate to be a stay-at-home mom. I now work part time, which is essentially just “play” …
Read More »The Moneyist: My husband watches TV all day while I cook and clean. He has an $8,000 monthly income and a P.O. box to hide his finances. I just found his will — and it left me reeling
Dear Moneyist, My spouse hides his money and all of his investments are hidden. I have lived in Boston since 2006. I moved from New York and gave up my job of 16 years because we got married and I relocated, leaving my two adult children, who were 21 and …
Read More »The Moneyist: My husband and I set up a nonprofit for his parents. We charged them $10K. When his siblings found out ‘all hell broke loose’ — now they want $10K for simply doing chores
Dear Moneyist, I am a former creative director for a global ad agency and now a freelance writer who bills at $ 125 an hour. My husband owns a graphic design firm that bills at $ 175 per hour. Last year, my in-laws, who have always been deeply involved in …
Read More »The Moneyist: ‘I’m hurt!’ My husband of 5 years inherited his parents’ Californian home and didn’t put my name on the deed — what should I do?
Dear Moneyist, We’ve been married for five years — happily, or so I thought. We have shared all our assets prior to our marriage, including our current accounts and bank accounts, etc. I continued to work for five years after we married, and I just retired at 65. My husband …
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