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[quote=Anonymous][quote=Anonymous]How did you know if was worth it?  I'm not talking about the intangible benefits of staying home and being with your kids, but rather the lost income from stepping away from the work force.  I currently make about $140K.  After 401K, FSA dependent care, health insurance, taxes, and misc minor deductions, I clear about $60K per year.  DH earns around $500K.  We live off of his salary and we bank my free and clear money.  I know the simple answer is that I can afford to give up my job.  But I would be giving up 20 years of $60K (and growing) of investment for retirement.  We both max out our work 401ks, the kids college funds each have $50K in them; the kids are 3 and 6.  The house will be paid for before we retire.

So DCUMers....is it worth it?  [/quote]

I usually try to tell people to live without the salary for at least 6 months to see if they can do it.  You are already there.  Keep saving for college, keep saving for retirement.  You can put $$ into an IRA for you when you are at home.  We have three piles of money.  ONe is straight retirement (401ks/IRAs...), one is straight college, one combined once the others have been maxed out.  We put in enough college designated money for both to go to instate universities, each, sleep, buy books... and put the rest in the mixed pot in case one or both go private or out of state .

How many other at home parents are there in your neighbor with same age children?  Even one year can make a difference.  
How easy is it to go back to work in your profession?
What hobbies do you have outside of work and family?
Do your children have any special needs? (this is what flipped us from being dual working to woh/sah)
Is part time an option? 
With your HHI, still hire an every other week house cleaner.  
[/quote]

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