Reply to After working 20 years became SAHM - how to protect self financially

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[quote=Anonymous][quote=Anonymous]I agree with prior posters who say the biggest risk is your stepping out of the workforce as alimony wouldn't continue forever. Keeping a foot in the door may be the best option for you if you're really fearful about your future.
As a couple, I imagine you're going to need to address a range of financial concerns (adjusting life insurance, tax planning, disability insurance) that maybe it makes sense to have a meeting with a financial planner and you can raise the concerns around 'if something were to happen to DH or our marriage' what's the best route for ensuring well-being.  They may discuss the postnup as an option or you can ask about it directly.

Also, I think should can have a forthright conversation with your husband that is about managing your own anxieties about quitting work--having been a financially independent person, how that affects your identity and marriage and for you to take on this new role these are the assurances you need.  It really can change the [b]power balance [/b]in a marriage and I think it's helpful to have things written out clearly.  You can decide if you want to insist on a postnup as part of your willingness to take on the SAHM role. (If you're the one advocating for quitting to take care of the kids and your DH isn't all in for it, this may be more awkward, but conversation is always better  than not).
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my wife and I never talked about this stuff.  Power balance ??  Thats easy.  I earn all the money, she has all the power.  Its a balance![/quote]

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