I disagree if they let him talk it would just be should you share banking before marriage but that not the issue. They trying to find the real issue to give some good advice he can use for his life
Yep, making a huge mistake placing another person on a pedestal. I'm sure he's in love and only seeing the positive things right now. Best to get some good premarriage counseling and sort out all the difficult questions beforehand.
Relationships are transactional. If one doesn’t give as much as the other, it’s noticeable, and it raises red flags.. for those who have functioning brains to notice.
Dude! Don’t listen to these guys. Get a prenup and protect yourself. What you earn after you are together is split 50/50? Also, setup a separate brokerage account and place money in that account. Never place another dime in the current account. It will grow independently and be considered premarital assets. The second you put money in it after you’re married the account can be considered a joint account and she will be eligible to some of the gains accrued during the marriage. Also, update your estate documents to reflect the new family dynamics.
What you just said was a business arrangement not a true marriage. No way is this man ready for marriage which is a joining of 2 people together not a business deal.
@@sandicook10 If this was a case of just two people making a loving commitment to one another, I agree with you! However, marriage is also a legal contract that is enforced by the government. It's currently very unfavorable for most men and requires that we protect ourselves by having a direct say in what that legal contract says. That's where the prenup comes in. It doesn't have to be horrible for the spouse, but it can provide a clear division of the assets should they ever separate or divorce. For example, he has a house and should never be force to leave it if they choose to separate. The agreement can state as much. Many people like to live in this fantasy that all they need is love and respect for one another. Then one betrays the other or they simply grow in different directions over time and choose to follow a different path. This is the reality of life, best to face the difficult conversations at the start and not at the end.
Well, he is off to a bad start and is already lying. However I agree, for one reason only, he has already proven he cannot be trusted or truthful to the woman he is about to marry, so SHE needs to know up front he is not all in or truthful before they get married. If he is not financially honest or explain his need to protect his assets from a worse case scenario, then she can protect herself by knowing the reality of who he is and his fears, indecision and his relationship with money vs hers. She was truthful about her debt, and he has lied about his worth. She needs to reevaluate HIM.
@damienbates he already has his investments in a separate account. He just has to keep it that way and not add money to the separate account after marriage with income or joint assets. That’s called commingling even if he doesn’t add the wife to the account as a joint owner. Even an existing 401k balance or IRA balance doesn’t become 50/50 after you’re married only the income added to it after marriage. If you get divorced then a QDRO attorney will calculate the contributions and earnings after marriage only for 50/50 split.
This caller managed to achieve well beyond the $1M mark, by age 36. That's an amazing feat at any age, and esp. as a single individual, when you consider the majority of American HOUSEHOLDS never come close to reaching this guy's net worth in a lifetime.
More people need to understand this comment!!!! The amount of people who are able to have 1mil in retirement accounts before 40 is abysmally small!!!! Anyone who says 1mil in retirement before 40 isn't a LOT of money is living in a fucking dream world!
@@annaelisavettavonnedozza9607Only an irrevocable trust, otherwise its still on the table once you deposit $1 in it after your marriage. Once you comingle the money its all joint money. Any money earned in the trust after marriage is joint money, and if its reinvested in the trust the whole thing is commingled
I'm usually hardcore pro men but the woman in this scenario is clearly a very good person. The fact that she doesn't want any help paying her medical debt is a great sign. 90+% of women in that scenario will take any help they can get. Money doesn't change you - it just makes you more of what you are. This is a woman you marry all day
He still has a higher net worth than 80% people on their 30's. Anyway, those are his assets and must must protect them. He can grow his net worth to $10m + over the next 30 years or so if he's prudent. 85% of my clients have greater than $1.5m net worth. I found it interesting when those with out significant resources downplay or minimize other's net worth.
He’s 36 with 1.3 million in retirement with growth and compounding. Where he currently live has nothing to do with it until he decide where he wants to live in 20 or more years when he retires and use it.
Keep pre-marital assets separate if you built up assets before. If for nothing else, then any family/premarital children won't get hurt over being excluded or having to share or not getting any benefits. (if mom dies without a will, stepdad may get half or more. If stepdad then dies without a will or excludes them by not adopting them etc, then the remaining half of mom's assets all go to the stepdad's own children or future spouse or family etc).
This guy is smart I’ll do the same thing not to tell anyone about my money,I will put away some money away which nobody knows because if something bad happen with the relationship
As a former therapist, the new hosts added the past couple years are driving me crazy. Please stop interrupting people, ask more questions before you start giving your opinion, and definitely before you give advice. Most importantly, listen to the person you're talking to. Their tone will tell you more than their words. Side note: Half of you need to stop trying to be like Dave. You're not Dave.
I know that the Ramsey people dont think 1.3 is a lot of money ..but we who live in the real world know that is a nice chunk of change!! Get a prenup bro!!
The call comes in tomorrow. It's his fiancée. She's worried because she doesn't want her fiancée to know how much she's worth. She sold her business and is worth $10M. Hmmm🤔
I’m thinking the guys going to say he’s got $20 million in the bank and here he has 1.3, not a paid off house and multiple children. Guy sounds pretty full of himself for the situation he’s in.
@@JacobsNewshe has $1.3 million at age 36!! How many 36yr olds have that?? If he retires at age 55 which is 19yrs and invest his money in S&P 500 he’ll average 10% annualized which means he’ll double his value every 7yrs and at age 55 have $10.4 million!!
I support pre-nups to protect what you came in with. But everything built from the point you get married is shared wealth. And I say that as a father of a college educated daughter who is well on her way to earning 6 figures in the near future. She needs to protect what she earned and amassed while single.
The divorce rate is horrendous in this country… and Men get destroyed in the courts when a marriage ends. His hesitation is NOT something they should so easily brush off. This stuff goes south for guys like him allll the time. Especially if she’s bringing either nothing at best or debt to the table in terms of the finances. Marriages don’t last like they used to.
Divorce lawyers have said that whatever money you came into the marriage with, keep that money separate. If you join bank accounts, it should be the money made during the marriage.
$1.3 million at 36 is nothing to sneeze at. I don't know why John is trying to act like it's nothing. Don't these people look at the divorce statistics in America??
Hey man, don't let these guys talk you into a bad situation. You need a prenup, and it still won't help you if you break up and she takes you for half. Watch out. You have reservations for a reason....
He needs a prenup to protect his assets prior to getting married, especially if he has kids. Then everything they earn as married becomes community property.
Honestly, I don't understand why you're discussing these dubious schemes. There are plenty of options like Unimantic and similar ones that are fast and profitable.
10's of millions would be less of a concern...if she takes half he's still wealthy enough to live off the growth forever. With $1.3 if she takes half it puts him in a really tough spot to have to earn it back, he would have to build and sell another business to get it back. I think he's being silly hiding it now though, she said yes without knowing....so he should be in the clear.
I've honestly never had buyer's remorse, even with a bad buy. I think it's because I'm too relentlessly curious, and too certain of my own tastes. That, and I learned early on as a cook that every failure is an opportunity to learn.
Success isn't built on secrets whether it's in business or relationships. You are doing her a disservice by not having a financial conversation with her now. Have a financial "we" discussion on what you both have now, your financial goals and principles, and how those two will merge together to build your future together. Marriage is a union of all things. Stop keeping secrets!
A 1.3M net worth at 36 years old isn't really that wealthy (it's 85th to 90th percentile overall) and he's in a fairly high-cost-of-living area, too. However, he said both of them have kids from previous relationships. Mixed families can be a huge mess down the road, so if he's really worried about it, he should set up a trust and/or a prenup, assuming his state doesn't already protect premarital assets.
Maybe she has a surprise in other direction...? One reason to have everything on the table before marriage is because you may not only marry debt, you will marry the habit that created it.
1.3 million in the Midwest or south would be amazing. But he lives in Northern Virginia lol. That 1.3 can barely buy a good sized house. But no he’s doing really well for 36, that 1.3 will multiply by the time he’s 50.
@@derekd1510the market does not care where you live? lol what? Real estate is 1000% based on location. 1.3 million in DC isn’t the same as 1.3 million in Kansas. Dc that buys you a townhouse, Kansas buys you a giant home.
Business bros always make bad husbands because they’re so red pilled and they can only view their happiness through the prism of their bank account. Why do workaholics always obsess over retiring early when they can’t stop working in their prime? Those guys NEVER retire early.
This true! My husband is like this. Work is their hobby. My husband bought a business after he retired. Everyone thinks he’s nuts, but he loves it 🤷♀️ We are financially secure, but this business is a low margin business and won’t make money for a few years.
Just get married with her. Let her find out how much you have later on her own. Don’t make the same mistake I did when I told my SO in the early stages. she now wants me to buy her all these hand bags and jewelry.
You got at least a 50% chance you're gonna be divorced and if you join accounts she's gonna get 50% of that as far as I'm concerned that's not a good investment at all
Bravo to this man. He’s done everything right. He didn’t lead with money. He’s not hiding anything that could adversely affect his fiancée. She has ZERO business knowing how much money he has in his accounts…likewise for men until they are married. Men…do not listen to these 2 goobers or the soon to be misandrists in the comment replies.
So I imagine, if the woman is 1 million in debt and hasn't told the person she is planning to marry, that would be 100% okay right? Her money is none of his business. Unless you are a hypocrite ofc
Yeah How doesn’t she know your money status BIG RED FLAG I left dude like this after 16 years I owned own home payed my own way raised 4 kids he helped But left Money big issue for him. Not me Relationship more important than his money This guy doesn’t Love her
He had his house l had mine we lived separate, because of me 4 kids but certainly intimate partners over 16 years. Covid messed me Lost parents, a son, and he got snarky cruel last few years, wasn’t about money for me Time to leave
To the commenters here mocking him for having *only* 1.3 -- Clearly, you have no clue of the meaning of hard work, sacrifice, discipline, and living below one's means. Otherwise, you'd know just how incredibly hard that is just to reach even the first 100k.
He was clearly trying to ask the question without actually asking it of how do I bring up the idea of a prenup since we have never really discussed money like that but are already engaged to get married. I surely cannot be the only one to catch that, am I?
Ken and the Dr. have obviously been out of the dating market for a while. These are dangerous times for successful men looking to settle down. I did it smart. My wife was making more money when we met. I became successful with her by my side.
You're getting married, you should tell her how much you have. She wants to pay her own bill. So she does not care about his money and how much he have.
And these idiots obviously right away judging how he is big headed and she is great and at the same time saying once married she can take half of it if shit goes wrong. Yeah she doesn't deserve anything this guy earnt in his life. Get a prenup brother and save your assets - especially everything u built before marriage. Easier route taken by plenty women bec laws are fucked up.
One sentence: I'm worried she's a gold digger. Another sentence: She refuses to take the gold I've offered her. Me: Wait, what?! This ain't about the gold.
Bro, 1.3mil isn’t much in Arlington. However it’s YOUR hard earned money. You lack self esteem and need others to validate you. That shows in the example of not buying a coffee without input from others. I suggest you pay your house off and consult an attorney about how to keep it if you divorce. Something you are already planning for. You’re supposed to be planning your life together not dividing assets.
Because the mentality of person who is struggling with $7k in medical debt, & a millionaire is at opposite ends of the spectrum. He wants to retire in 20 years, she is trying to get to her next paycheck.
He has 1.2 mil and she cant pay off 7k medical bill.........He is her retirement. Get a prenup ASAP.
For sure, something tells me he isn't telling them she has other financial responsibility issues
@@mav1877 Yep and he is totally correct to keep his financial standing to himself
They REALLY need to let the caller talk.. and they need to ask worthwhile questions..
Especially these 2..they LOVE TO TALK..
Sooooooo true. Terrible duo.
The perfect team, but they tried to get to the point. It wasn't a money issue, it's relationship issue with the caller. Bro to bro talk...😲
They give dog 💩 advice
I disagree if they let him talk it would just be should you share banking before marriage but that not the issue. They trying to find the real issue to give some good advice he can use for his life
Plot twist: She’s got him fooled. She’s worth $2.6M.
Haha! Carrying around a 7k medical debt would be a great decoy for a wealthy lady wouldn’t it? lol 😂
From a divorce 😂
His fear is she's going to take half in a divorce, plain and simple. Get a prenup or don't get married.
Better yet, don't get married.
@@KathleenMcNe exactly, stay together, who needs a peice of paper
@@KathleenMcNe Never
Prenuptial agreements have been shaky to even stick as of recent divorces I've seen. Just live in a state with no common law marriage and don't marry.
B.I.N.G.O. I always hear Eddie Murphy during his stand up … half.
Joint accounts should be for moving forward. Don't combine what you had before the marriage. That is YOURS.
Sounds about excited to getting married as going to the dentist for a root canal.
A lot of discomfort involved either way.
whats exciting about getting married? life is the same just a chance he can get screwed over
Apparently, men are very logical when it comes to getting married. That’s why he is overthinking
@@acd1168 Nice try. 😅😅😅
@@acd1168 No, what you MEANT to say was "that's why he is.....thinking"
She's not a gold digger, so she'd have no problem signing a prenup. Get it done and move on caller
He's not ready for marriage. He says he doesn't think he's better than her but his ACTIONS say otherwise.
Yep, making a huge mistake placing another person on a pedestal. I'm sure he's in love and only seeing the positive things right now. Best to get some good premarriage counseling and sort out all the difficult questions beforehand.
He is better than her.
1.3 is a lot for a 36 year old. Straight up. Be wise.
He sounds like he doesn’t need to get married. He sounds like he doesn’t trust this woman. He needs to rethink his decision.
Yeah exactly because why should he!
Yeah I could understand his reservations in the dating stage but definitely not when they are already engaged. Hopefully they convinced him.
He thinks he is so amazing because of what he has. Total ego
@@acd1168He's 36, ran a business and sold it and is already worth 1.3M. Yea, she should dump him. 😅😅😅
At least he is questioning his position, otherwise he would not ask for feedback from a neutral party.
He sounds super transactional.
He’ll make a great sugardaddy when he grows up😂
Relationships are transactional. If one doesn’t give as much as the other, it’s noticeable, and it raises red flags.. for those who have functioning brains to notice.
Glad they called him out. Guys head is big. Sign up a prenup if need be but definitely go to counseling before this marriage.
Dude! Don’t listen to these guys. Get a prenup and protect yourself. What you earn after you are together is split 50/50? Also, setup a separate brokerage account and place money in that account. Never place another dime in the current account. It will grow independently and be considered premarital assets. The second you put money in it after you’re married the account can be considered a joint account and she will be eligible to some of the gains accrued during the marriage. Also, update your estate documents to reflect the new family dynamics.
I totally agree with every word, I said something similar.... Hope this guy listens to you before he gets burned
What you just said was a business arrangement not a true marriage. No way is this man ready for marriage which is a joining of 2 people together not a business deal.
@@sandicook10 If this was a case of just two people making a loving commitment to one another, I agree with you! However, marriage is also a legal contract that is enforced by the government. It's currently very unfavorable for most men and requires that we protect ourselves by having a direct say in what that legal contract says. That's where the prenup comes in. It doesn't have to be horrible for the spouse, but it can provide a clear division of the assets should they ever separate or divorce. For example, he has a house and should never be force to leave it if they choose to separate. The agreement can state as much. Many people like to live in this fantasy that all they need is love and respect for one another. Then one betrays the other or they simply grow in different directions over time and choose to follow a different path. This is the reality of life, best to face the difficult conversations at the start and not at the end.
Well, he is off to a bad start and is already lying. However I agree, for one reason only, he has already proven he cannot be trusted or truthful to the woman he is about to marry, so SHE needs to know up front he is not all in or truthful before they get married. If he is not financially honest or explain his need to protect his assets from a worse case scenario, then she can protect herself by knowing the reality of who he is and his fears, indecision and his relationship with money vs hers. She was truthful about her debt, and he has lied about his worth. She needs to reevaluate HIM.
@damienbates he already has his investments in a separate account. He just has to keep it that way and not add money to the separate account after marriage with income or joint assets. That’s called commingling even if he doesn’t add the wife to the account as a joint owner. Even an existing 401k balance or IRA balance doesn’t become 50/50 after you’re married only the income added to it after marriage. If you get divorced then a QDRO attorney will calculate the contributions and earnings after marriage only for 50/50 split.
This caller managed to achieve well beyond the $1M mark, by age 36. That's an amazing feat at any age, and esp. as a single individual, when you consider the majority of American HOUSEHOLDS never come close to reaching this guy's net worth in a lifetime.
More people need to understand this comment!!!!
The amount of people who are able to have 1mil in retirement accounts before 40 is abysmally small!!!!
Anyone who says 1mil in retirement before 40 isn't a LOT of money is living in a fucking dream world!
You're a catalyst for ingenuity! 🌊 -- "The key to greatness is adoring what you do.."
Caller can set up a trust now. This could help protect some of his assets if divorce ever happens.
Better yet, just DON'T marry it, and DON'T move it into his house. Even better, just steer well clear and go MGTOW.
That’s what I have, it protected me immensely
@@annaelisavettavonnedozza9607really? Can you tell me how things went with that or explain please
@@annaelisavettavonnedozza9607Only an irrevocable trust, otherwise its still on the table once you deposit $1 in it after your marriage. Once you comingle the money its all joint money. Any money earned in the trust after marriage is joint money, and if its reinvested in the trust the whole thing is commingled
@annaelisavettavonnedozza9607 how? What happened?
I'm usually hardcore pro men but the woman in this scenario is clearly a very good person. The fact that she doesn't want any help paying her medical debt is a great sign. 90+% of women in that scenario will take any help they can get. Money doesn't change you - it just makes you more of what you are. This is a woman you marry all day
*People*, men are gold diggers as often if not more than women.
Good point.
Congrats to this guy for getting to over 1M net worth by 36. That’s a great accomplishment.
Take a drink everytime he says "I started a company and sold it."
Hmmm, joint bank accounts BEFORE you get married. What a novel concept. Brilliant idea. Genius. What could possibly go wrong? 🤣
It’s crazy the lack of common sense some people have, scary almost.
Joint bank accounts after Marriage is also a bad idea.
@@XFizzlepop-Berrytwistif you can't trust each other with money, marriage shouldn't be on the table.
@@SnifferSock
Well… what is marriage today? The government has turned marriage into a legal contract, and tax breaks.
He’s doing pretty well but 1.3 million dollars living in Arlington VA, isn’t like he’s a ballin out of control.
probably classify him as "Upper Middle Class"
And given any women u better be careful with that. Cause 1.3 don’t fall into your lap later on in this world.
He still has a higher net worth than 80% people on their 30's. Anyway, those are his assets and must must protect them. He can grow his net worth to $10m + over the next 30 years or so if he's prudent. 85% of my clients have greater than $1.5m net worth. I found it interesting when those with out significant resources downplay or minimize other's net worth.
He’s 36 with 1.3 million in retirement with growth and compounding.
Where he currently live has nothing to do with it until he decide where he wants to live in 20 or more years when he retires and use it.
@@fauxbro1983yeah 1.3 is upper middle class in Arlington.
Why do people get married if they’re not fully ready to commit? Either do it or stay single FFS 🤦♂️
You can be ready to commit and have concerns. We are people, nobody perfect.
You can be a giving person while protecting yourself
He has around 1.3M and a house and all she has is debt.. I would get a prenup it that was me.. anything they grow after they married they can share.
😂. If I were a gold digger, $1.3M wouldn’t garner a second look. He needs to be honest or not get married.
Most gold diggers have a lot less options than they may think.
If she can’t pay off $7K, $1.3MM is all the money in the world.
Most women will never see that kind of money. 1.3 mil at age 36 is incredible and worth protecting.
No offense but this comment makes you sound like an actual gold digger lol
She’s a good woman she never ask for money to pay her bills that’s a true woman
Keep pre-marital assets separate if you built up assets before. If for nothing else, then any family/premarital children won't get hurt over being excluded or having to share or not getting any benefits. (if mom dies without a will, stepdad may get half or more. If stepdad then dies without a will or excludes them by not adopting them etc, then the remaining half of mom's assets all go to the stepdad's own children or future spouse or family etc).
This man needs to talk to his fiancé and possibly an attorney about setting up a pre-nuptial agreement. He needs to leave his friends out of this.
And if they're married for any amount of time most prenups get thrown right out anyway
Ken called out mr. Doloney for talking nonsense. More people need to.
Sir, his name is Dr. Baloney
What a fraud
This guy is smart I’ll do the same thing not to tell anyone about my money,I will put away some money away which nobody knows because if something bad happen with the relationship
As a former therapist, the new hosts added the past couple years are driving me crazy. Please stop interrupting people, ask more questions before you start giving your opinion, and definitely before you give advice. Most importantly, listen to the person you're talking to. Their tone will tell you more than their words.
Side note: Half of you need to stop trying to be like Dave. You're not Dave.
As a therapist I support this comment.
He shouldn't be getting married if he's not ready to share everything. Better to stay single, and review how you feel again in a year or something.
That last 60 seconds took this from an entertaining call to a personal look into the deepest part of my soul that I didn't know I needed to hear.
Ken's responses are priceless! 😅
He and Rachael is the best, the rest are garbage
@lawlessendeavor141, you are garbage.
I know that the Ramsey people dont think 1.3 is a lot of money ..but we who live in the real world know that is a nice chunk of change!! Get a prenup bro!!
He's actually saying he doesn't trust her yet he still plans on marrying her? I'd be pissed and hurt.
There's a huge difference between adding her to the account and talking about your accounts.
Nah he needs a prenuptial agreement! Guys didn’t ever process buddy’s concerns!! Like he would’ve lost half of it if he was married the last time!
Ya thats the best thing. It protects him and her and puts everything including their concerns upfront
Agree , he needs a Prenup!
Lots to unpack here...I love guys holding guys accountable, and vise versa...
Maybe she has 10 million!
Right...
The call comes in tomorrow. It's his fiancée. She's worried because she doesn't want her fiancée to know how much she's worth.
She sold her business and is worth $10M. Hmmm🤔
I think that he needs an air tight prenup now! He is right to be cautious, set up a budget, and be honest with her.
I’m thinking the guys going to say he’s got $20 million in the bank and here he has 1.3, not a paid off house and multiple children. Guy sounds pretty full of himself for the situation he’s in.
1.3 million is like totally nothing I mean if you save $50,000 a year that would only take 26 years to save😂😂😂😂😂🎉
That's what I thought, too. He's not as wealthy as he thinks he is. It's odd that he has $1.3 million, but hasn't paid off his mortgage.
@@KathleenMcNe 1.3 is nothing if he saved 50k a year since he was 10 years old he would have it
@@KathleenMcNe Have you seen how expensive housing is in Arlington? 1.3 mil is the value of many mortgages there.
@@JacobsNewshe has $1.3 million at age 36!! How many 36yr olds have that?? If he retires at age 55 which is 19yrs and invest his money in S&P 500 he’ll average 10% annualized which means he’ll double his value every 7yrs and at age 55 have $10.4 million!!
Johnny and Kenny on a call wowza
Why joining accounts? If both pay the bills and help each other out I don't think is necessary to join accounts!
He doesn't trust her. Don't do it. For your sake and hers.
I support pre-nups to protect what you came in with. But everything built from the point you get married is shared wealth.
And I say that as a father of a college educated daughter who is well on her way to earning 6 figures in the near future. She needs to protect what she earned and amassed while single.
He is a very accomplished man finanically and he needs to be very careful financially, marrying this women.
I agree combining accounts with the marriage being so far away is a bad idea.
But on the other hand..."You Never Can Tell" - Chuck Berry (1964)
If he's concerned, get a prenup.
Prenup for sake of kids I think. But…This guys communication skills are lacking. He can’t answer a question straight out.
The divorce rate is horrendous in this country… and Men get destroyed in the courts when a marriage ends. His hesitation is NOT something they should so easily brush off. This stuff goes south for guys like him allll the time. Especially if she’s bringing either nothing at best or debt to the table in terms of the finances. Marriages don’t last like they used to.
Divorce lawyers have said that whatever money you came into the marriage with, keep that money separate. If you join bank accounts, it should be the money made during the marriage.
1.3…. The way that he was acting. I thought he was going to say something like 22 million.
Most Americans have a negative net worth Alive
Where is your 1.3?😂😂😂
No do not, separate, one joint for bills
$1.3 million at 36 is nothing to sneeze at. I don't know why John is trying to act like it's nothing. Don't these people look at the divorce statistics in America??
In Arlington, it's not impressive at all.
@@sitcomchristian6886 The average salary in Arlington, Va is 60k a year. How is that not impressive??
Hey man, don't let these guys talk you into a bad situation. You need a prenup, and it still won't help you if you break up and she takes you for half. Watch out. You have reservations for a reason....
He needs a prenup to protect his assets prior to getting married, especially if he has kids. Then everything they earn as married becomes community property.
Honestly, I don't understand why you're discussing these dubious schemes. There are plenty of options like Unimantic and similar ones that are fast and profitable.
Don’t get married, it’s not going to work.
I thought he was going to say 10's of millions. 1.3million? Not bad but get over yourself.
That’s still a nice amount of money compared to most people
10's of millions would be less of a concern...if she takes half he's still wealthy enough to live off the growth forever. With $1.3 if she takes half it puts him in a really tough spot to have to earn it back, he would have to build and sell another business to get it back. I think he's being silly hiding it now though, she said yes without knowing....so he should be in the clear.
1.3m at 36 is great, and when you work for that money you protect it because you know the hard work and sweat that was put into it.
@@penguin12902why does she have to talk half? lol she could have some money
@@frankcb11 Because that's how divorce works. If she was rich too, he wouldn't be calling.
DON'T DO IT.....
I've honestly never had buyer's remorse, even with a bad buy. I think it's because I'm too relentlessly curious, and too certain of my own tastes. That, and I learned early on as a cook that every failure is an opportunity to learn.
Get a pre-nup
Sign a Prenup bro.
Trainwreck ahead!
Success isn't built on secrets whether it's in business or relationships. You are doing her a disservice by not having a financial conversation with her now. Have a financial "we" discussion on what you both have now, your financial goals and principles, and how those two will merge together to build your future together.
Marriage is a union of all things. Stop keeping secrets!
Millionaires getting married is always hilarious. No idea what possesses someone in that position to do that.
A 1.3M net worth at 36 years old isn't really that wealthy (it's 85th to 90th percentile overall) and he's in a fairly high-cost-of-living area, too. However, he said both of them have kids from previous relationships. Mixed families can be a huge mess down the road, so if he's really worried about it, he should set up a trust and/or a prenup, assuming his state doesn't already protect premarital assets.
That is currently. It is invested. It will be 3-5mil by retirement
Only 1,3..... thought its atleast 10 mil
Maybe she has a surprise in other direction...? One reason to have everything on the table before marriage is because you may not only marry debt, you will marry the habit that created it.
1.3 million in the Midwest or south would be amazing. But he lives in Northern Virginia lol. That 1.3 can barely buy a good sized house. But no he’s doing really well for 36, that 1.3 will multiply by the time he’s 50.
Yea. And the market does not care where you live.
1.3 is a lot.
@@derekd1510the market does not care where you live? lol what? Real estate is 1000% based on location. 1.3 million in DC isn’t the same as 1.3 million in Kansas. Dc that buys you a townhouse, Kansas buys you a giant home.
@@PepeToTheMooon Sorry. I can see how my statement could be misinterpreted. The STOCK market.
@@derekd1510 ahh. Yes you are correct about that
PRENUP!!!!!!
Business bros always make bad husbands because they’re so red pilled and they can only view their happiness through the prism of their bank account. Why do workaholics always obsess over retiring early when they can’t stop working in their prime? Those guys NEVER retire early.
This true! My husband is like this. Work is their hobby. My husband bought a business after he retired. Everyone thinks he’s nuts, but he loves it 🤷♀️ We are financially secure, but this business is a low margin business and won’t make money for a few years.
Just get married with her. Let her find out how much you have later on her own. Don’t make the same mistake I did when I told my SO in the early stages. she now wants me to buy her all these hand bags and jewelry.
Lol are you married now? Why does it upset you that she does that? Do you buy them?
Lord Jesus... Have a mind of your own dude. Get a prenuptial agreement.
I don't think he's ready for marriage....too indecisive.
You got at least a 50% chance you're gonna be divorced and if you join accounts she's gonna get 50% of that as far as I'm concerned that's not a good investment at all
Bravo to this man. He’s done everything right. He didn’t lead with money. He’s not hiding anything that could adversely affect his fiancée. She has ZERO business knowing how much money he has in his accounts…likewise for men until they are married.
Men…do not listen to these 2 goobers or the soon to be misandrists in the comment replies.
So I imagine, if the woman is 1 million in debt and hasn't told the person she is planning to marry, that would be 100% okay right? Her money is none of his business. Unless you are a hypocrite ofc
@@ghostly7139EXACTLY.... DUMB N DUMBER...
Woman here and I agree with you. As long as he isn't debt.
@ShaSha-gn8bh So finances is no one's business before marriage unless it's debt. Hate to break this to you, but debt is finances.
@@ghostly7139 Are $1 mil in debts the same as $1 mil surplus? Now answer your question.
Ramsey would’ve said prenup. Idk why they are acting like men aren’t taken to the cleaners after divorce.
Dr. John Baloney- “is the money safe?”
Yeah
How doesn’t she know your money status
BIG RED FLAG
I left dude like this after 16 years
I owned own home payed my own way raised 4 kids he helped
But left Money big issue for him. Not me
Relationship more important than his money
This guy doesn’t Love her
He had his house l had mine we lived separate, because of me 4 kids but certainly intimate partners over 16 years.
Covid messed me
Lost parents, a son, and he got snarky cruel last few years, wasn’t about money for me
Time to leave
To the commenters here mocking him for having *only* 1.3 -- Clearly, you have no clue of the meaning of hard work, sacrifice, discipline, and living below one's means. Otherwise, you'd know just how incredibly hard that is just to reach even the first 100k.
He got it from selling his company, not living below his means.
John, it's not an impulse. I think you mean the word instinct.
He ain’t no Elon Musk.
He was clearly trying to ask the question without actually asking it of how do I bring up the idea of a prenup since we have never really discussed money like that but are already engaged to get married. I surely cannot be the only one to catch that, am I?
Go fill the paperwork at the courthouse now and be married and still have the big ceremony later.
$1.3m isn’t a vast fortune these days. Comfortable, yes, but not a lavish early retirement.
Especially with a mortgage to pay off.
DON’T tell her until being married FIRST‼️
They should’ve asked why his house wasn’t paid off.
Probably has a good interest rate.
He already said he paid off everything but his house.
@@blackworldtraveler3711They always tell you to pay off the house also. He clearly had lots of money to do it.
Because houses in Arlington are insanely expensive. He probably literally can't afford to cash roll it.
Ken and the Dr. have obviously been out of the dating market for a while. These are dangerous times for successful men looking to settle down. I did it smart. My wife was making more money when we met. I became successful with her by my side.
You're getting married, you should tell her how much you have.
She wants to pay her own bill. So she does not care about his money and how much he have.
Its hard lose $1.3 million and thats why he's concerned. If had $50 million he wouldn't feel so bad.
Just don't get married.
This guy can’t answer a question without rambling.
1.3 mil is not much to be considering retiring at 55 for two people. Single and retiring in cheaper countries is possible.
He is 36. He has 19 years to work. He will at least triple it.
And these idiots obviously right away judging how he is big headed and she is great and at the same time saying once married she can take half of it if shit goes wrong. Yeah she doesn't deserve anything this guy earnt in his life. Get a prenup brother and save your assets - especially everything u built before marriage. Easier route taken by plenty women bec laws are fucked up.
Honey just stay a boyfriend...your clearly not ready to be a husband or you love your money more than her.. just leave well enough alone
Better to be safe than sorry.
She needs him a ton more than he needs her. Sorry...facts.
@@JustinCase780you have no idea how much she has. Literally? So what are you on about? She declined his money lol so😂😂
“Great women with poor judgment” 😂
One sentence: I'm worried she's a gold digger.
Another sentence: She refuses to take the gold I've offered her.
Me: Wait, what?! This ain't about the gold.
What are they talking it's a lot of money for any age. You have to be cautious fr
Ken was hilarious!
Bro, 1.3mil isn’t much in Arlington. However it’s YOUR hard earned money. You lack self esteem and need others to validate you. That shows in the example of not buying a coffee without input from others. I suggest you pay your house off and consult an attorney about how to keep it if you divorce. Something you are already planning for. You’re supposed to be planning your life together not dividing assets.
Just don't get married prenups get thrown out all the time
He has power issues. Plain and simple.
Why is he making a big deal about net worth of 1.3 😂
Because the mentality of person who is struggling with $7k in medical debt, & a millionaire is at opposite ends of the spectrum. He wants to retire in 20 years, she is trying to get to her next paycheck.