Stepsister Proposes Sketchy Retirement Plan For Broke Parents, Sister Refuses To Contribute

Author image for kalila courban
kalila courban
Nov 16, 2021 6:00 PM EST

The audacity of this stepsister is what does it for us. There are so many eyebrow raising moments here. OP spares us no details. In theory, sure, it's definitely a good idea to help out your parents when they are struggling if you are in a financial position to do so, BUT- this plan is based on many assumptions that are simply incorrect. Stepsis is requesting that OP contributes 1250 euros per month to this plan, first of all for us 'America is the center of the Earth'-ers out there, that's a whopping $1420. Second of all, OP is a stay at home mom. So step sis is just assuming that OP's husband is down to fork over a significant chunk of his monthly income? Yeah, nah. Family will always bicker, just ask this family who threatened not to come to their daughter's wedding.

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  • 01
    Font - AITA for refusing to contribute to my stepsister's retirement plan for our parents? Not the A-hole My stepsister approached me and our other siblings with a proposal for a retirement plan to help our parents retire since on the outside their prospects of retiring comfortably are non-existent. Essentially, she wants us to collectively contribute £3k each month starting now and for the rest of our parents' lifetime. The money would be kept in an account in her name only and only given to th
    via aitaretirement
  • 02
    Font - I said no for a few reasons but I didn't disclose these reasons to them. The first being, my sister and I have always helped my mum (and by extension my stepdad) financially since we both had our first jobs. My sister and I have a joint account which we contribute to monthly. The money is our mum's and she has full access to it and can spend it however she likes. My stepdad doesn't know about the account since he has a habit of just giving money away when he has it. The second, our parent
    via aitaretirement
  • 03
    Font - FjortoftsAirplane · 20h Asshole Enthusiast [9] 4 Awards "The money would be kept in an account in her name only" This was enough but it only got worse from there. Don't give her a penny. NTA. 6 Reply 1 13.6k 3 + JuiceEdawg · 20h Asshole Aficionado [12] That alone was why I said NTA too. 6 & 2.4k FjortoftsAirplane • 20h Asshole Enthusiast [9] Yeah, there are exactly no good reasons to set it up that way. 6 1 1.2k
    via FjortoftsAirplane
  • 04
    Font - blehs3 · 20h NTA. It's your money. They can't tell you what to do with it. You laid out perfectly good reasons as why you don't want to contribute to HER financial plan. If her and her bio sister want to set up a fund for their father, they can do so. G Reply 570 3 RavenousTardigrade · 20h Partassipant [1] "Give me all your money, and while I have no legal obligation to distribute it like I said I would, AND I have financial issues, you can totally trust me." Yeah, NTA. 6 1 282 3 +
    via blehs3
  • 05
    Font - JuiceEdawg • 20h ple Aficionado [12] How generous of her with her siblings money. How does she explain her having sole control while contributing the least. Whatever you do, don't do this. NTA. G Reply 292 + Cookyy2k · 18h Either she plans to embezzle or she's going to be the big hero that claims all the credit for the amazing thing she did for her parents while neglecting to mention she put in hardly any of it. 4 79 +
    via JuiceEdawg
  • 06
    Font - GothicArmadillo · 20h Certified Proctologist [23] NTA. If you really want to set up a retirement account for your parents, this is absolutely the worst way to go about it. The likelihood of your sister taking that money is very high. G Reply 186 bill_end · 16h Even if she's not planning on stealing it, which she obviously is, shit could still go wrong. She could die and it be tied up in probate and end up going to her kids or husband. Or have a car accident and get sued for all her money.
    via GothicArmadillo
  • 07
    Font - ShaneVis • 20h Partassipant [1] NTA - And that this bank account would only be in -- her name NO WAY sounds like she's setting a flush fund that she can dip into anytime she wants, and every one is paying in except her. 5 Reply 1 112 +
    via ShaneVis
  • 08
    Font - No-Policy-4095 · 20h Pooperintendant [53] NTA - so many red flags in this situation and so many ways this could easily go sideways left right up or down. Nope, nope nope. Your reasons are all very valid and I wouldn't do it either. If you want to assist your parents, then you can contribute what YOU choose DIRECTLY to whomever you choose. 6 Reply 1 50 +
    via No-Policy-4095
  • 09
    Font - jojozabadu · 20h Asshole Enthusiast [9] Currently she would contribute £350, her bio sister £550, my bio sister £850 and me £1250. So the mooch sister wants to create a fund for the 'parents', giving her sole authority to manage the money? I think she's either lying to you or lying to herself and she wants more cash for herself. Why on earth would she administer this fund, she's the least significant contributor by her own plan. NTA Reply 1 1.6k + ...
    via jojozabadu
  • 10
    Font - bumblingenius Certified Proctologist [20] • 20h it was a bit presumptuous of her to decide how much we would all contribute and it rubbed me the wrong way Yeah like wtf? It's one thing to suggest caring for you parents, another entirely to go "so you'll pay around £1000 more a month than me, yeah?" This is 50 Shades of Sketchy, NTA. 6 Reply 1 2.9k + baffled_soap · 18h Asshole Aficionado [10] Since SIL is proposing that she be the only one with access to the account, you'd think she could
    via bumblingenius

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finance fight finances financial argument family sister stepsister retirement parents
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