This girl I've been dating is 33 and didn't know what a 401k was. Break it off?

Non-Running Relationships/Women/Men
Reply
Moderation
1 3 4
Next
  • registered

    arunnerinwa

    Member since 07/20/2019.

    363 posts. Last post 10 hours ago.
    4 years ago 08/31/2019 12:46am EDT
    re: eyeballs

    My husband knew what a 401k was but didn't start investing in his until I talked him into it, when we were dating. However, while being rather laissez faire about money management, he's an excellent earner, and he's not a big spender. I think these two qualities are more important than expertise in money management. I manage the family money and investments now, which I don't mind.

    I would break up with her if:

    1.) She has credit card debt

    2.) She's incapable of earning a decent living and you don't want to financially support her

  • registered

    Bad Wigins

    Member since 03/22/2013.

    25,039 posts. Last post 1 month ago.
    4 years ago 08/31/2019 2:05am EDT
    re: arunnerinwa

    why should anyone know or care about an off-distance ultra event? What's the world record?

    I know the 500k record is a little over 60 hours, but I didn't before I looked it up just now.

  • Hoodoo man

    Anonymous Poster

    4 years ago 08/31/2019 9:14am EDT
    re: my mom is 70

    my mom is 70 wrote:

    My mom is 70 and doesn't understand a 401k isn't an investment. A conversation with her might go something like this:

    What is your money invested in, mom?

    Oh, I have some in my 401k and some in my checking account.

    Right, but how is it invested in the 401k?

    What do you mean?

    She's not unintelligent, but she's my gauge of the financial literacy of the average American. Surprisingly, most people seem to just lack interest in the topic and think if they avoid learning about it they'll be ok. You'll find similar results if you talk to most people about taxes (e.g. I think the average person is convinced giving to a charity 'saves you money' disregarding the fact that you spend more than the corresponding reduction in taxes). If you end up marrying this person, you'll either have to keep your accounts separate or completely bank on her having $0 when you hit retirement age.

    Side note for the trolls: I'm not suggesting you should date my mom, but she is single at the moment.

    Well, I might be late to the party, but, do you have any pics of your mom?

  • registered

    kevin3681

    Member since 08/21/2019.

    58 posts. Last post 4 years ago.
    4 years ago 08/31/2019 3:11pm EDT
    re: eyeballs

    A 403b is for people that work for state and local governments. Like teachers, cops, firemen and a ton of other jobs. Chances are that she pays in to a pension system and has decent benefits. I'm a retired cop. I had my pension, Roth IRA and 403b or 457 plan. Paying into a pension and a 403b takes a lot out of her take home check. So she is thinking about saving for the long term. She probably has student loans too. I think she is doing a pretty good job.

  • registered

    kevin3681

    Member since 08/21/2019.

    58 posts. Last post 4 years ago.
    4 years ago 08/31/2019 3:23pm EDT
    re: kevin3681

    I know that a 403b or a 457 plan also works for employees of the federal government. They mostly call it a THRIFT plan. Either way, she is paying in to a pension and a 403b. A 403b can also apply to people that work for non profit organizations. It's still a retirement plan.

  • eyeballs

    Anonymous Poster

    4 years ago 08/31/2019 3:40pm EDT
    re: kevin3681

    kevin3681 wrote:

    A 403b is for people that work for state and local governments. Like teachers, cops, firemen and a ton of other jobs. Chances are that she pays in to a pension system and has decent benefits. I'm a retired cop. I had my pension, Roth IRA and 403b or 457 plan. Paying into a pension and a 403b takes a lot out of her take home check. So she is thinking about saving for the long term. She probably has student loans too. I think she is doing a pretty good job.

    She does not have a 403b or IRA. You have no idea what you're talking about. Anything else you'd like to tell me about this girl you've never met?

  • registered

    kevin3681

    Member since 08/21/2019.

    58 posts. Last post 4 years ago.
    4 years ago 08/31/2019 3:45pm EDT
    re: eyeballs

    Somebody wrote that she has a 403b. I thought it was you, but somebody else wrote it.

  • registered

    BigFan

    Member since 03/02/2019.

    131 posts. Last post 3 years ago.
    4 years ago 08/31/2019 4:15pm EDT
    re: eyeballs

    If it is a deal breaker for you, after her name it should be the first question you ask her.

1 3 4

Jump To A Page

Next Last
New Forum Moderation Information & Rules Search Troubleshooting

This thread has already been deleted.

Note: We review 100% of reports submitted. Visit our moderation dashboard to view statistics on our moderating activity. If you have a question or concern, email us at letsrun@letsrun.com or call us at our toll-free phone number:

1-844-LETSRUN (1-844-538-7786).

Author
Body
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?
What forum rule may this post have broken?

View our Terms Of Service for a complete description of our forum policies.

Provide context for this post report if relevant.

Reply Replying to

Leave the password field blank to post anonymously.

Post Preview
By posting you acknowledge that you have read and abide by our Terms and Conditions.

Message Board