+1 - pretty much my take too. |
I never said he wanted to retire. Or that I’d have to go back to work FT, although I was considering it. DH wants some kind of change- either a different career, job, or less hours than he’s putting in now (which ranges from 45-60 a week). I’m positive he’d say he’s perfectly capable of cooking, cleaning, doing laundry, shopping, and taking care of the kids, and he’d say I’m the crazy one with impossible standards that only wants it done a certain way. Except I really don’t. But I’m done beating the dead horse and would rather just do those things myself or IF I go back to work, hire someone else to do it. Truth be told, nothing catastrophic would happen if DH would take over those areas. We’d have grey, smaller, clothes, a dingy dusty house, but with a lot less stuff because it would all be thrown out, and we will probably get sick a few times (but not die) from his food, and the kids might have less friends and activities but a closer relationship with him. But he’s not the one who is unwilling to take care of these things if needed, I am the one who prefers that he doesn’t. And I really don’t want to argue with him anymore about why towels and sheets need to be laundered more than once a season or why dusting is even a real thing. And he’s not just going to scale back if we’re not in a financially good place to do it. We also disagree on what that means- in the area of funding retirement. He thinks once the kids are grown, we’ll have half the expenses and will be able to live on $50k a year. He also keeps saying we are better off than the avg American, but I don’t think we should be setting that as our goalpost. We are having a meeting tonight to discuss our financial picture to look at what our options are. This is huge for us. Ive never been able to get him to discuss finances with me without him only dedicating 5% of his attention on the subject or just leaving the conversation after 5 minutes of “uh huh’s“. |
Thanks for these ideas. Do you happen to know what the positions are called? |
There are big variations in salary- depending on the field, whether or not you specialize, and where and who you work for. DH works for a smaller nonprofit hospital, has no specialization, and is in a field that is one of the lowest in salary compared to other MD fields. |
Also to add- medicine is NOT the field to go into if money is your main motivator! If you factor in cost of schooling and opportunity cost, it really isn’t worth it from a money perspective- UNLESS maybe you choose one of the more lucrative fields or specializations. But job security can not be beat. |
If he goes to PT (or do you mean just to a normal 40 hour week? In that case a NIH job would be a good place to start). But chaning fields, 20 hour work weeks, etc all mean precipitous drop in income, and likely loss of health insurance. Which would mean you would likely need to work FT just to make a dent in the loss of income. If you want to replace $180k income with two entry level jobs, PT probably isn’t in the cards. What is your career field and history? If he just scales back to a 40 hr work week, he can earn $120k as GS14. If he works 55 hr weeks now for $180k, yeah that’s a bum deal. But he’s a GP? That’s how it is these days. He sounds willfully incompetent, like many DH can be — curious about how he grew up? Really you need therapy for both, financial planning to boot, not career advice. |
Yeah I am starting to get overwhelmed with it all. When I was working, I was only making max $80k a year FT, and that was up from $20k when I first started my career. If I were to re-enter the workforce in my field after a 6/7 year hiatus, I feel like I'd have to start at square one - it's a field that heavily favors new young talent, and the technology changes very quickly year to year. He grew up middle-class and I do think his upbringing contributed to him being a bit entitled and self-centered, but some of that selfishness is part of his inherent personality. He never had any domestic responsibilities growing up, other than putting his own stuff away. |
Meeting with a financial planner sounds like headway. On the rest of the home stuff, I'd be frustrated. He has no idea what he's talking about but thinks he knows it all. What is that called again? Also, "once the kids are grown" - you both need to think about what that means. For us, it means, once our kids both have a 4 year college education. Even then, I wouldn't be shocked to have one or both return home for some period of time and to possibly need financial support in the way of helping with a car, car insurance, health insurance. YMMV. |
Who says they need to replace $180K of income though? OP seems to think, and of course I have no idea if this is true, that he DH can earn about $120K working part time. That's certainly doable for a family of 5 without a mortgage plus if OP continues to stay home they won't have any child care expenses other than summer camps if they choose to do that. |
They have student loan debt still. And we ran the numbers for a similar situation; it is tight. You still have property taxes, expensive commutes, etc |
If they are on a 25 year payment plan for the student loans that's around $700 a month ($8,400 per year) at the interest rate they said they have. Property tax on a $400Kish house is going to be around $5K per year around here and maybe add in another $1K per year for insurance so that's $14.4K fixed expenses. It's certainly doable particularly with one SAH parent and no child care expenses although we don't know what OP's other spending looks like. |
Did anyone else read this as satire? Also, him not giving you 100% of his attention on a topic that you make clear is important to you is BULLSHIT. Girl, you have so many red flags... |
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I recommend that OP continue to stay at home because of the kids' ages, and she is very strong and competent in these areas.
I also have 3 kids (and work as a lawyer), but my husband (also a lawyer) is great with the kids and all the house stuff. For example, he is really meticulous when it comes to doing dishes, and is a great cook. We also have a cleaning lady who comes weekly, which has been a huge help to us (in terms of avoiding any conflict over who does the cleaning). We have a nanny who takes care of the kids while we work. Being a working mom with 3 kids is a huge juggle and may cause too much strain on your household (even with a nanny). With your DH having a well-paying job, I think he should just continue a bit more, and perhaps you can make sure he has time for stuff like daily exercise, which is a huge sanity-saver for DH and me. I have read that there is a lot of burnout among doctors, and your husband is working a lot of hours (55 sounds like a lot in a week). I can understand his stress, even though I work myself (although more like 40 hours). |
He can work for the FDA. |