<prompt> Human: Also, Im 32 and she is 33 and I want to ensure she is taken care of as best as possible w a finance safety net for life I know 1.2 millino isnt a lot for 40 years; is there a way I can put 50 in a mutual fund that she can only collect dividends from and 50 in a 20 year annuity or something?Welcoming all advice related. Her income potential is roughly 30k-40kyr and will never go up probablyAlso, we have no savings or 401k. I make 130kyr and we live paycheck to paycheck because we are retardedly financially irresponsible...and somehow are able to waste that money without buying luxury goods, drugs, or gambling...No need to say stuff like sorry for what your going through and such, this isnt a sob story.Edit: The amount of PMs Ive received from financial advisers wanting to help me out for a percentage iis hilariously sad :Assistant: Your username and situation makes me feel horrible ; best of luck to you and your wife! Hope you find what your looking forHuman: Dont feel bad. Ive lived more in my short 30 years then most people would live if they were given 1000 years in a healthy body  <response>: I like you. 