I've posted before but there have been some new developments which really put me in a bind.
My boyfriend of 5 years finally got a job after being unemployed for 7 months BUT:
1. His friend hired him for his small co
2. His friend is almost 66 yrs old
3. Bf is 65 and started to collect social security about $2200 per month before tax
4. Job doesn’t pay much ($30,000 before tax etc)
5. Bf has only modest savings including for retirement ($25,000). He never saved this money it was given to him. Don’t think he’ll earn enough to add any money into retirement.
6. I’ve worked my whole life and saved a good amount for retirement which I’d like to enjoy by some travel, etc. I’m 60.
I’ve dated others but we always get back together. He’s a great guy and we love each other but he wants to marry me and I’m scared our finances are too different at this point in our lives. Even if I don't marry him but live with him don’t I take a huge chance of supporting him at some point either because his job doesn’t work out and or he has almost no money saved for retirement? Any advice?