‘I’m 68 and my 401(k) has dwindled to $82,000’: My husband committed financial infidelity and has $50,000 in credit-card debt. What now?

The Moneyist

‘I have $3,000 in gold and Social Security income for me and my spouse makes $46,180 a year’

Last Updated: June 14, 2025 at 6:50 p.m. ET
First Published: June 13, 2025 at 5:20 a.m. ET

Dear Quentin,

Without going into details of my spouse’s financial infidelity, I would like your opinion. Here is the bottom line. I’m 68 and my 401(k) has dwindled to $82,000. I have $3,000 in gold and Social Security income for me and my spouse totals $46,180 a year.

Our home is paid off and the estimated value is somewhere between $600,000 and $1 million. We live in a vacation area. Many out-of-state folks have moved in and the price of even a tiny home is outrageous right now. Yearly land taxes at $5,000.