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Elementary School-Aged Kids
Reply to "SAH with Older Kids?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I wonder if a lot of people make this decision because they are a bit more settled financially when they have ES kids than when the kids are babies and they are saving for a down payment on a house, paying off student loan debt, establishing a home (buying furniture and all), saving for retirement (you need to do it early!), etc. [/quote] I can only speak from MY experience. From what I've seen over there years, parents don't drop out of the workforce as they get older, they go BACK to work. Volunteer as a room mom in Kindergarten and then again 6th grade. Most parents are all back at work. I'm room mom for my 5th grader (and I work0gasp!) and it is very difficult to get parental participation because people are now AT WORK. With that said, I've found working has gotten easier the older I have become, and I'm getting paid MORE for doing less. I can WFH a decent amount and have a lot of seniority to be flexible. Plus at 38, I've really ramped up the retirement savings and it would be such a blow to have that wind down. Our plans now revolve around paying off our house and making investments. Not able to invest in more if I don't have an income, so for me at 38, this is go time for earnings.[/quote] Absolutely agree with this, there is no "trend" of moms of older kids becoming SAHs, although I don't doubt it happens ocassionally.[/quote]
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