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[quote=Anonymous]Husband has a high paying job with a lot of flexibility and seniority. His income varies but was around 800k last year. It’s always over 500k. We have 1 teen with mild special needs which require therapy and 2 middle schoolers. He wants to quit his job to join a startup. Basically I think he’s bored and wants to try something new and work with friends. Maybe a quasi midlife crisis?

How do I nudge him into realizing he should stay at his current job until our kids are launched? We have six years left until youngest is 18. In terms of money, we have 5M liquid but about 750k of that is the kids’ college funds, which we intend to spend. We also have our house (1 mil in equity) but, since you have to live somewhere, we wouldn’t be able to realize that unless we downsized or moved somewhere much cheaper which we don’t want to do. At the very least, I think we should have 5M liquid excluding college funds.

It’s not just money though. Joining a startup would mean longer working hours, more work stress, pressure to perform and prove his worth, and more stress about money. As it is, we live frugally enough that we don’t have to budget down to every last dollar. If the kids are going to the mall, we give them $20. We give them money to buy clothes. We get takeout a lot. We take nice vacations (our one splurge). We’d all have to start living very differently if he quit his job.

I teach preschool and barely make over $20k. Mostly just to have something to do. I could pay for our health insurance and that’s it, lol.

So what would you say to your husband in this scenario?[/quote]

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