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General Parenting Discussion
Reply to "Anyone go from SAHM to retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a first time mom at 43 (!) with one and only DD. I'll be 62 by the time she goes to college. I've had a 20-year career, and am most recently C-level at a large company. I feel like I've achieved the highest point of my career, and I could be doing the same thing for 20 years before retiring. Or start my own company, which would have its own trajectory. Obviously I've wanted DD for a long time, and love spending time with her. When she gets older, I could go back to work PT, or freelance, or volunteer. Has anyone go from SAHM to retirement and any tips?[/quote] Haven’t read any other replies. But, are you me?? Except I did it! Couldn’t be happier.[/quote] I've been thinking about starting a similar thread. I"m 45, earned a lot of money already, saved most of it and due to two young kids, one with a labor-intensive condition, I'm seriously thinking about "retiring" or staying at home or living off the money I already earned/saved. My problem, fear of loosing my self-definition. I even know what I want to do in the volunteer space. Actually, my DH doesn't want me to which is bothersome because we can live off his income and since we've met, I've earned 1/3 more than him. For example, he earns 200K and our mortgage is less than most apartments. [/quote] I think your DH has to be on board for you to be a SAHM. Sounds like you are and were always the higher earner. How old are your kids? Could you do a lateral more flexible job? I’m the 40yo pp.[b] DH likes me staying home because he can focus on his career. He doesn’t have to stress out about picking up the kids on time or whether he will need to call out tomorrow because school might be closed because it is too cold[/b].[/quote] Read this carefully. [b]Many men want their wife to stay home simply so their own life is easier. Having a SAHM benefits the man more than the woman. He’s out there with his own identity and contributing to retirement accounts that are in his name only. His career options and salary continue to grow. You’re stuck at home and your identity is working for your spouse and children as a cook, nanny, maid, party planner, etc. He’s in the outside world and you’re trapped behind the scenes. Oh wait volunteer work....more unpaid labor that benefits men. If you’re an ambitious woman who likes to stay busy you most likely won’t enjoy staying home. [/b] [/quote] All of this. Only if you have a severely disabled child this choice might be made for you. I found it impossible to work with a severely autistic son. And my ‘new’ job of caring for the kids was actually a lot more work compared to my old, high level engineering job. The pay wasn’t good either. C’est la vie.[/quote] This is also my situation. Had kids late and when it became clear that my DC had issues and there were so so many appointments it was not a hard choice to make because I didn't make a lot of money (DH does so taxes) and we had just moved and had a house to set up. I was also working on getting pregnant again. I can't say a lot of long range thought went into my decision. We had to sort the kid out so I quit thinking once we got him all figured out I would return to work. There wasn't a plan just an immediate problem. Now 7 years later he still has a ton of appointments and we have our second kid who is not in school full-time. When they are both in school full time I want to go back to something and I look casually and would go back now if I found the right thing but I'm in a niche field. The thing that scares me in the middle of the night is something happening to DH and losing our income and health insurance. We save and have insurance but would not be able to stay in our house if something happened to DH.DS is very very expensive. We would have so much more money in the bank if he didn't have SN.[/quote]
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