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Relationship Discussion (non-explicit)
Reply to "DH didn't make partner - dealing with imminent major reduction of HHI"
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[quote=Anonymous]Just found out DH was passed over for partner at big law firm which means he needs to leave in next six months or so. He's devastated and depressed so I am trying to be supportive as I can. He's probably going to go to govt but that means a reduction in HHI from approximately $350k to $120k. I was a nurse before and we still have 2 years before the 2 younger kids (twins) are in school so getting a job doesn't make sense yet. We did save a lot ($250k cash, $500k 401k and ira) and paid down mortgage ($380k left). We are catholic and the older two go to parish school but obviously worried that $40k/year for all four is going to be possible on new income. Any advice? [/quote]
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