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[quote=Anonymous][quote=Anonymous]If you are ttc and think you are UMC you will probably want a nanny. That will eat $100k of your gross. Hopefully that income is mainly from one person and one can stay at home. [/quote] No, this would be bad for net worth long term. Never understood this dcum argument that single earner hhi was more desirable from a financial standpoint than dual. It’s just incorrect mathematically and in terms of risk of job loss (I.e one person loses their job in single earner household and income goes to 0, in a dual income it goes to half). Its always a sacrifice financially to have one college educated (professional) person stay at home.[/quote]
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