Reply to Explain to me the financial risk of SAH if partner is a high earner

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[quote=Anonymous][quote=Anonymous]I’m 50+.  Married 25 years and SAHM for most of that.  Nice retirement accounts and savings, all accrued while we were married.  Life insurance and kids’ college provided for.   If we were to divorce, I could live comfortably.  Worked out for me.  [/quote]

I wouldn't rely on liquid accounts too much if I were you. Having your own corporate 401k for $2mm is not the same as having a joint account for $2mm which can be easily emptied by spouse during divorce. Also, his 401k is not really fully accessible to the wife: he can cash it under a deep discount and spend on something else. Then when it's all wasted, the judge would seek other assets to "make up" for that cash. If there is not RE where you would get higher equity to compensate, you're screwed. Life insurance beneficiary can be also changed against the court decision, and good luck litigating against the insurance company!

Unless I have my own corporate 401k, and solely my RE all together combined worth at least $5mm, I wouldn't stop working![/quote]

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