#father

How can I become financially independent from my father

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How can I become financially independent from my father Hi everyone. I’m a uni student F18 and a daughter of a retired navy veteran. Currently we bank with USAA and the truth is that I’m not really sure how to navigate this issue. I’ve been working since I was 15 and even before then my dad has stolen over thousands of dollars from me. Not only does he do it to me, but he does it to my sister, who is…

Reddit Personal Finance 905 2024-12-24

Father wants to retire, has a few concerns

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Father wants to retire, has a few concerns Hello R/Personal finance. You guys have been a tremendous help over the years. My father has been expressing interest in retiring now, or very soon, but had some concerns, and he knew R/Personalfinance could help. Here are the details. Me: -I am grown and financially independent from my father, but I live close if he needs anything. My dad: -6…

Reddit Personal Finance 978 2024-12-16

Withdrawal from mutual fund to pay off “mortgage” my father lent me?

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Withdrawal from mutual fund to pay off “mortgage” my father lent me? Hey all. I’m 31. I have about 8k in a checking account, 22k in a mutual fund. And. 70k in my 401k retirement account. I make $23/hour. Question is, I owe my dad about $16k for a loan he gave me to buy a $60k house about 8 years ago. I pay him $430 a month, he considers the $30 interest that doesn’t go towards the loan. If this were a tradition…

Reddit Personal Finance 867 2024-12-12

Father in law retirement

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Father in law retirement Hello, My father in law is close to retirement. I know he has a 401K plan and he got burned during the 2008 crisis. As a result, he delayed retirement, but I believe he has recovered some of those loses in the last years. He also got too cautious after 2008 and sat in cash for a while and missed some of the rebound. I think he is ready to reti…

Reddit Personal Finance 505 2024-12-09

Father is about to pass and don’t know what to do for funeral costs

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Father is about to pass and don’t know what to do for funeral costs Idk what to do. My father is going to pass this week and idk what to do financially for the funeral services. I have cash and investments, but also don’t know if I can just do a 401k withdrawal? Cash that I have is my emergency fund and my investments are pretty much what’s left. I have a lot in my 401k, but idk if it’s smart to do a withdrawal….

Reddit Personal Finance 526 2024-12-01

Refund check sent to my father, 18 months after he passed. What should I do?

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Refund check sent to my father, 18 months after he passed. What should I do? My father passed from cancer last summer. We just got a refund check from a mail order medical supply company for a couple hundred dollars apparently for some stuff he had ordered. Mom has no idea what it is or if it’s real. She’s just wondering why it took 18 months to come. Mom still has the estate account for him as his executor. There is a …

Reddit Personal Finance 1.0k 2024-11-06

Helping father with inheritance after mom’s death

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Helping father with inheritance after mom’s death Hi, my mom passed 2 days ago. She was the primary breadwinner and financial manager. My dad doesn’t even know where to pay the mortgage, so I’m helping compile and organize everything for him. Luckily, my mom had a $1.25M life insurance policy. My dad is 60. He wants to take the rest of the year off work, but doesn’t know what he wants to do nex…

Reddit Personal Finance 400 2024-10-27

Father passed away owing years of income tax

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Father passed away owing years of income tax Hi I’m looking for any advice here – my estranged father passed away without a will and I’m dealing with becoming administrator of his estate. I was told by his girlfriend of the time that he owes more to the IRS in income tax than he has in assets and I’m not sure how I can verify this is true before filing to become the administrator of his es…

Reddit Personal Finance 436 2024-10-25

LPT go to the gym as soon as the pregnancy test is positive (as a father)

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LPT go to the gym as soon as the pregnancy test is positive (as a father) I’m not really the sporty type. Before our son was born, however, I started strength training. Not a lot, but simply to get some exercise. Today, after 6 months of carrying the baby around, I am extremely happy. So my tip is: go to the gym as soon as the pregnancy test is positive. submitted by /u/noraaremssem

Life Pro Tips 418 2024-07-27

What’s the best father to son song?

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What’s the best father to son song? My vote is Welcome to Earth (Pollywog) by Sturgill Simpson. I think it’s a beautifully constructed piece of art with a sincere message to the son. Disclaimer: I do have a soft spot for genuine country music and Kentucky. submitted by /u/ccwi228

Reddit Music 842 2024-07-25

Father passed away. Need helping with handling medical debt.

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Father passed away. Need helping with handling medical debt. Hi everyone. My father recently passed away. He was first admitted to the ER and then stayed in the hospital the entire week where they did many tests, scans, blood work, intubation, etc on him. Unfortunately, he did not make it. I am worried about the mountain of medical bills that are headed our way. We live in NJ. He was on medicare and they …

Reddit Personal Finance 1.1k 2024-07-18