My financial plan is to have enough money to last a day longer than I do. That's my worst case scenario. In my dreams I would like to be able to pay for college for the two babies.
I grew up rather poor in Columbus, Ohio. Six children. Same house until both of my parents died. Secure but not much money. It was a great childhood, in my mind, because my Mom spent all of her time with us! She would play games with us or read to us until she declared "oh my gosh, look at the time!" Then we would all pitch in to tidy up and get dinner going before Dad got home.
All six of us love to cook. Because she liked to cook. It's hard to imagine liking to cook for that many people every day. She even packed our lunches! She loved trying out new recipes. We were lucky she tried making egg rolls and egg foo yung. She experimented with German food. Budget gourmet food. And no microwave back then. I digress.
They survived on only Social Security and $300/month pension from the Carpenter's Union. A few of us would find ways to send them money each month (maybe in a card saying Happy Ground Hog Day). I have just one kidult and don't want to think that she might have to financially give me a hand.
Luckily, Ralph had a 401(k) and we saved his Social Security since he worked full time until age 76. I have a nice nest egg. But I am so risk adverse ... or maybe emotionally ill equipped to make money decisions ... so today I met with a financial planner. I know I would like the help. But I had NO IDEA how much babysitting me would cost each month.
Next appointment is with a fee only, hourly rate (that still makes my head spin), financial advisor to see if I can have someone to bounce ideas with. And I can do the actual work.