Quote:
Originally Posted by toptaxguy
I do try to bring up and discuss our finances but the problem I face is that my wife does not understand concepts like net worth, emergency funds, and retirement and has no desire to understand them. Frankly, she get very upset when she see's our IRA balance and fights me tooth and nail to cash it out.
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Oh! I feel your pain. My husband is forever wanting to cash in his retirement, it's his answer to everything. When I confronted him about his $42000 in credit card debt, he wanted to pay it off from his retirement. When I asked him why he wasn't contributing to our daughter's 529, he stated that he planned to finance her college education through his retirement fund. He needs another car and he is already hinting about taking the money from his retirement.
When I ask him how he plans to live once he actually retires, he honestly said that he doesn't plan to retire he is going to continue to work like our idiot neighbor across the street who has retired from the military and at least one factory job but has to work because he has refinanced his house to be more than it's worth, his ARM reset 5 points higher and he buys a flashy new car at least every 2 years.
That's his role model??