Portland, Oregon

Portland, Oregon
Showing posts with label Finances. Show all posts
Showing posts with label Finances. Show all posts

Friday, June 1, 2018

And The Financial Stuff

One of the nicest things that happened during the time of Bob's death was an attorney friend who volunteered to take care of all the business. Oh my, that was helpful. It would be well worth the cost to pay for that service. I highly recommend it.

Today would have been Bob's birthday. This morning when I checked our bank account I wished there was a way I could let him know how well he provided for me. He would be pleased.

Bob was a twin and the two couples of us were always close. Each couple had two children, and the men worked for companies with good retirement plans and health insurance. It all seemed equal until the end. In death a huge difference was revealed.

My in-laws wanted all their money deposited in their checking account for them to manage.

Bob and I were not disciplined enough to work like that. We needed everything possible withheld from our income before a deposit was made to our checking account. The difference in management styles made significant difference at the end.

My monthly apartment rent is more than my sister-in-law's monthly income!

I'm greatly concerned for the future of many that will be reaching retirement in the next ten to fifteen years. Companies have mostly gotten rid of pension plans. These days more responsibility is put on the individual to put aside money for retirement. I fear many are not disciplined enough to do that, and what happens then? I've just given you an example.