Please teach your kids to become financially independent by 40 - the labor market doesn’t want you

[Anonymous]

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Anonymous wrote:My kids already have investment accounts, but the reason was more what I had to endure rather than what future might bring.
I worked high stress minimum wage job for ca 18 years. To get out of it, I learned to invest.
OP, at least you seemed to have had nice time working and getting to your freedom from work hasn't been a priority. I still have nightmares from that job.
It puts the damper on my financial freedom.
Me no speaky English is one of the reason I ended up being underpaid and mistreated for so long.

Really? I think I'm mistreated because I'm a 40+ mother in a male dominated field where all the men have SAHWs. The mentality is the I should be home with my kids my household doesn't deserve my income.

But look at it from other side. At my level I make 300k and nearly all the men had SAHW. The 30 percent of women my level with kids also make 300k but had husbands making at least 300k so they had 600k to 700k income. Every time they ran out the door to pick up kids or on maternity leave the men would pick up the slack.

Of course we had to listen to their stores of their visits to France, Martha’s Vineyard and skinning in Aspen something none of us could afford.

My unpaid wife attended school events, made dinner, cleaned up, put kids to bed by herself cause I was working late covering for a women making 300k with a 400k husband. That did not go well.

They need to pay SAHWs

Are you serious? My DH and I both make 150K to get our 300k HHI without the benefit of a parent at home to do all the stuff your wife is doing while you work. But you think your wife should be given money for cleaning up, putting kids to bed, and making dinner (aka stuff my DH and I manage to do while working full time jobs and don’t get paid for). That is so ridiculous you must be a troll.

And if you’re unhappy covering for a coworker, then that is an employer issue.

Men get the Barack Obama treatment. When he was President his wife expected to quit work and be available for free to help and his mother in law expected to move onto White House for free to help raise kids.

Heck when my wife was hospitalized for six weeks with a 5 and 7 year old at home I got, you can have two days off from work to patch something together. (That job I was making $450k)

Working Moms is the biggest oxymoron ever. The working Dads and SAHMs cover for them at work and at home.

SAHMs handle PTA, Brownies, Girl Scouts, class moms cover for you then at work the men cover for you again while their SAHWs have no help.

Today and Friday the mommy’s are remote due to school ending yesterday and camp starts next week. Just the dads and childless women at work today.

At least the working moms got a head start out to their 4 million Rehoboth beach house

Wow, you really hate women in the workplace. Did you get passed up for a promotion or something by a woman who had the audacity to ask for flexibility and got it? You not being able to take the time off you want isn't because of working moms, it's because you weren't assertive enough to get what you needed.

I love women. I hate men. The men who pimp their wives out who don’t want to work at all full time cause they have 3-4 young kids at home and husband sends then out like a Pimp. I cover for those women. These are the 95 percent of women just doing crap work not a career. I cover for them.

The women at my level and above make a ton of money have careers they enjoy and richer husbands. Those women I hate covering for.

You know the ones. My female boss who complained she had to buy a brand new Suburban to drive to her Southampton mansion as she can’t fit in her family, nanny and babysitter into a smaller car. But luckily her and husband keep a Porsche convertible out there for date night. She made 700k and her husband I say 2 million.

She would leave Hamptons Tuesday night and come on lunch time Monday and we cover. Yea I am jealous.

But yea 95 percent of people just have jobs. And yes I know I already hit 200k at work this year and only June so paid ok. But 2.7 million! That’s over $100k biweekly.

Women with good careers and even richer husbands have it made.

I tell my daughters don’t bring no dead beats home. No student loans, bad majors, lack of worth ethic, broken homes, bad jobs. You end up like the pimped out moms I have worked with. Crying in my office. One actually had a nervous breakdown at work, three kids under 3 working full time in person with a two hour commute. They had a 7,000 sf house no maid, no nanny and he moved parents in. She get home 6 people waiting for her to cook and clean up.

She snapped. Security had to restrain her. Was in a meeting when she snapped. Wow. Some husband

This is quite the post. And a quite loose use of the word pimp. I would still argue you seem to have issues with women. Best of luck to your daughters.

It’s J1 J2 guy. Makes posts like this often.

[Anonymous]

Or pick secure jobs! I’m a doctor and my husband works in government. We are very fortunate. I originally planned to do another career but pivoted to a relatively recession position proof job (unless AI replaces doctors…)

[Anonymous]

Anonymous wrote:It is impossible to raise kids, work 8 hrs a day, stay healthy and fit (or straight up takes longer to work out after 40 and recover), have a social life, get 8 hrs of sleep…..and anyways the labor market doesn’t really want anything to do with you after age 40

People need to stress to their children to get financially independent so they aren’t subject to full time employment after 40

Lol. Seems like OP doesn’t know that both Presidential candidates are over 70.

[Anonymous]

Anonymous wrote:Or pick secure jobs! I’m a doctor and my husband works in government. We are very fortunate. I originally planned to do another career but pivoted to a relatively recession position proof job (unless AI replaces doctors…)

I mean, you only could live off a gov salary because you married a doctor... so in truth the advice is: marry a doctor or someone else who makes $$$$.

Jane Russell knew this:
https://getyarn.io/yarn-clip/ccfa46b6-58bd-4ec9-940d-0176d3fc7f50

[Anonymous]

Anonymous wrote:It is impossible to raise kids, work 8 hrs a day, stay healthy and fit (or straight up takes longer to work out after 40 and recover), have a social life, get 8 hrs of sleep…..and anyways the labor market doesn’t really want anything to do with you after age 40

People need to stress to their children to get financially independent so they aren’t subject to full time employment after 40

Your logical fallacies and use of non sequiturs tell the whole story for this shit post.

Most people in this area are starting to have their children at age 40.

[Anonymous]

Agree with PP.
I don’t know a single mom in my friend group having their first child before the age of 40.
I was 44 1/2 when I had my first child.

The OP is not from around here

[Anonymous]

Anonymous wrote:and anyways the labor market doesn’t really want anything to do with you after age 40

I completely agree. 14 months of no full time employment here at 42 years old. Instead, I got some douchebag sending me weekly updates six weeks after a HR screen ( ) about how they're eventually going to get to a round of real interviews ( ).

[Anonymous]

What? 40 is still so young and when you start making real money.

Signed,
A 50 something year old

[Anonymous]

Anonymous wrote:Uncle Sam doesn’t care how old you are.

We keep the old farts out.

[Anonymous]

Anonymous wrote:It is impossible to raise kids, work 8 hrs a day, stay healthy and fit (or straight up takes longer to work out after 40 and recover), have a social life, get 8 hrs of sleep…..and anyways the labor market doesn’t really want anything to do with you after age 40

People need to stress to their children to get financially independent so they aren’t subject to full time employment after 40

Thanks for the TEDTalk

[Anonymous]

Anonymous wrote:It is impossible to raise kids, work 8 hrs a day, stay healthy and fit (or straight up takes longer to work out after 40 and recover), have a social life, get 8 hrs of sleep…..and anyways the labor market doesn’t really want anything to do with you after age 40

People need to stress to their children to get financially independent so they aren’t subject to full time employment after 40

This is so true. Great point. Read an article that it is extremely hard toaintain ployment post 50yo

[Anonymous]

Anonymous wrote:This post has some truth to it. AI is still in the infancy, but will change everything in 5-10 years. Soon you will see more AI in customer service, then more AI in white collar jobs like accounting, IT, even health. Many jobs will be unnecessary.

So does this lead us back to OP’s initial post? Be the owner of the AI rather than the poor worker bee? We going back to the 13th century, I guess. Land-owning nobility, the lords of the manor ruling over peasants tilling the fields lucky to have a roof over their heads? 😂

[Anonymous]

No one starts making serious money until their 50’s. Signed, a CEO

[Anonymous]

https://www.dcurbanmom.com/jforum/posts/list/1212721.page

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Yep, pretty much everyone knows this - more and more people will start to vocalize this

[Anonymous]

Anonymous wrote:Agree with PP.
I don’t know a single mom in my friend group having their first child before the age of 40.
I was 44 1/2 when I had my first child.

The OP is not from around here

All the moms I know (including myself) except one had their first child before the age of 40. Including someone having their first at 29 (gasp!). And they all live in cities before someone argues they are probably in rural areas.