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Reply to "The working parent grind is so exhausting."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Unless husnand and wife both have high paid meaningful jobs or both low paid jobs that need both incomes it is selfish to both work with young kids at home. [/quote] Needing both incomes is not binary, and a lot of wage growth comes after your first kid is born, but only if you stick to working. I would not have had kids if it meant not working, and you can look to South Korea for an example of how that plays out. [/quote] That’s a myth for most. My wife’s career hit a dead end at 34. Working 14 years on Wall Street. Same major bank she was in mgt. training program. She left at 35 and had kids 35, 37 and 42. She was never making it to next level. Her career was at tail end by 32. It is up or out. In banking, Wall Street, big 4 by 36, 90 percent of people career is over. Continue to work is silly if spouse has big job I worked with lots of “career women” who did not figure it out till 45 and missed the boat on kids. [/quote] I slowly climbed my Wall Street job from 120k at 32 to 300k at 42. It ain’t over when a bald middle age men says it’s over.[/quote] NP: People are going to have individual experiences of career, finances, and the level of risk leaving the rat race may have for them personally. For many people, leaving a career at the top, having saved a ton and invested well in the 410K, insurance, etc., having a supportive spouse who makes enough, is not risky at at all. If you are lucky enough to get to that point, the question is: what do you want to do for yourself and your family. Only you can answer that in a way that is true to you. At this level, it is a privilege to have that choice. Some people will say, I want to keep earning money even though we as a family already have more than enough. Others will say at this point, time is more important than more, more, more of the material stuff. Still others will say, it's not about the money, but my personal fulfillment/the importance of the work I do/the benefit to society from my unique talents, which overrides everything else.[/quote]
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