Slate
US · 14 mins ago
My Son-in-Law Told Me How to Save for the Future. But Now I Think He Actually Meant His!
Pay Dirt Aug 03, 20266:00 AM Photo illustration by Slate. Photo by Jacob Wackerhausen/iStock/Getty Images Plus. Pay Dirt is Slate’s money advice column. Have a question? Send it to Kristin and Ilyce here. (It’s anonymous!) Dear Pay Dirt, I am a 60-year-old widow. I recently met with a new financial advisor. She said that with no debt and my current assets (my house, two rental duplexes, a traditional pension, a 401(k) worth just under $1 million, and several hundreds of thousand dollars in savings/CD), I could retire now and continue to live my life in my lower-cost midwestern area. Plus, I could “live it up a little,” including getting a new (not used) pick-up, restoring my high school car that I still have, and doing other stuff on my “wish list.” As long as I don’t spend like a drunken
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