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Reply to "If you left Big Law…"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]He’s going to freak out when he has to buy a suit at Joseph a bank and they have to budget for it. [/quote] He probably has plenty of nice suits from his big law days. They have a lot in savings and their child’s preschool is like $3K/year. They won’t have a ton of extra income if they stay in their home, but if OP can make $30-40K/year then that will give them wiggle room. He’ll also have a pension and they have $2M saved. [/quote] Perhaps but I wouldn’t discount how someone with a big law salary is used to spending money freely and has likely lost perspective. My DH will purchase a $900 pair of shoes, drop $400 on dinner and even just spent $300 on BS on a Saturday. We can do this because of our salaries. Dropping down to $180k will be a HUGE change. The DH will likely be shocked when he needs new shoes and is told to go to Macy’s after he gets paid next. Or when they want to grab dinner with friends but can’t afford the tab without dipping into savings. Trust me when I say this DH is going to be completely shocked. He is living a very comfortable life despite the hours and reality will hit hard. [/quote]
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