One big worry. The stability of the U.S. with all this fighting and deficit spending by both Republicans (I am one) and Democrats. If we collapse into in-fighting then the only thing to invest in is gold bricks and shotguns.
I’m worried I will not be able to manage our finances in the future due to gradual cognitive decline. My husband has no interest in it and relies on me. How do I get him more involved?
This situation seems to be the reason many HumbleDollar readers not only simplify their finances as they age, but also look to involve a younger family member or a financial advisor.
1. Medical insurance and costs. 2. Radical politicians who don’t understand the stability of the world financial system relies on the full faith and credit of the USA and that “regulated” before “capitalism” is essential. 3. Hacking or other widespread computer glitch. (Another comment mentioned identity theft; it’s a subset of a larger universe of weakness of the financial system.)
One big worry. The stability of the U.S. with all this fighting and deficit spending by both Republicans (I am one) and Democrats. If we collapse into in-fighting then the only thing to invest in is gold bricks and shotguns.
I’m worried I will not be able to manage our finances in the future due to gradual cognitive decline. My husband has no interest in it and relies on me. How do I get him more involved?
This situation seems to be the reason many HumbleDollar readers not only simplify their finances as they age, but also look to involve a younger family member or a financial advisor.
1. Medical insurance and costs.
2. Radical politicians who don’t understand the stability of the world financial system relies on the full faith and credit of the USA and that “regulated” before “capitalism” is essential.
3. Hacking or other widespread computer glitch. (Another comment mentioned identity theft; it’s a subset of a larger universe of weakness of the financial system.)
A bigger- and longer-than-expected financial downturn in my retirement years.