Reply to Would you agree to let your spouse stay home

Forum Index » Money and Finances

Reply to "Would you agree to let your spouse stay home"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I just got a raise to $400k (from $200k)
Spouse now wants to stay home, but we don't have much in retirement accounts or college funds for kids yet
Also have elderly parents we are helping to support
I'm thinking we aren't financially ready 
Thoughts?[/quote]

How old are your children? What Ypres of activities do they do? 
Do you and your spouse have close to a 50/50 routine at home? Or is your spouse the default parent because you work more hours?

For example, do you pick up from daycare or just do drop offs?  How many awake hours of the day are you home during the weekdays and how many hours a day is your spouse?

Do you outsource other duties or do you split fairtly evenly?

How much does your spouse currently make?  what have you saved for retirement (do either of you have a pension)?  What have you saved for college?

With aging parents, time frequently becomes an issue too.  They may need more non-financial support that require more time commitments.  E.g. If they are hospitalized someone competent should be with them every day.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics