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[quote=Anonymous]OP, you might need to get a job when your younger ones get to public school. 160k is tight with 5 kids in this area. I used to be a SAHM, but I am back to work. We are done saving for retirement. We have just 2 kids, but are planning to try for one more. We are the most frugal people we know, and we keep track of expenses. We need to make about 250k HHI for us to be comfortable. ( with vacations, eating out, sports for kids, etc) Your budget on 160k will be too tight if he decides he does not want to go back. If you guys stay at this income, you are guaranteeing that he has to return to private.I am not sure what niche area of law this is and if there is much outside of big law and government. Like another PP said, try not to eat into your savings beyond preschool. [/quote]
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