The Moneyist: My wife inherited $800K. She put $300K toward our mortgage and $500K in her own bank account after 35 years of marriage

By Quentin Fottrell5 days ago

Dear Quentin,

Ive been married 35 years.

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My wife is going to inherit $800,000 and told me she will use $300,000 to pay off our mortgage. The house is worth $450,000. But she will put the remaining $500,000 into her own personal checking account.

Im 65 and still work. I earn $130,000 a year and plan to continue to work for another five years, as long as I am in good health.

My wife retired two years ago at age 59 after working for 13 years, earning $20,000 a year. She mostly stayed home and helped raise our two children, who are now adults with their own jobs.

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