- Thread Starter
- #121
Just my opinion. You can have a Significant Other, just don't get married. And you can protect all your assets for you and daughter. At this point in your life, you don' have to get marry just to have a partner, friend, and companionship. Getting married at 70, is a trap. The SO is more concerned of your financial situation than you. If you were broke, would she marry you?As you all know, I am single/divorced. So as of this point in time, I don't have issues with a SO or anybody else saying anything about how much or where or what I spend $ on. That said, I would not be opposed to partnering with a member of the fairer sex, but when it comes to my current and future assets (real estate, IRAs and personal belongings) those will be in a trust and will go to my daughter.
My daughter may not be able to work until retirement age, and is not currently able to save for her retirement. My own expected lifetime is about another 10-15 years.
If I ever do have a SO again, we will have separate accounts/assets and separate expenses. I am approaching 70 and I see no valid reason that a future SO should get a major share of the assets I have worked so hard for over the past 50+ years and sacrificed for so my daughter will have them when I am go