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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]women file for divorce 80 - 90% of the time which indicates that men are not the ones who predominantly leave the marriage.
If you are concerned about his "leaving" you then your risk is relatively low. You are more likely to leave the marriage than he is.
If he is making 2+ million a year, then the child support will be significant and you will get 50% of all marital assests.
This looks like low risk-high-reward in your favor to me. In other words, his labor results in community property that you, through no-fault divorce, can take 50% at any time.
Also at 2+ million a year, you will not be doing any significant house work because you can hire cleaners.

You are worried for nothing. He, on the other hand, should be scared out of his mind.[/quote]

+1000000

I’m part of a 600k HHI and we mostly need my income.  My husband is earning about 400k of it.

I can’t imagine my husband making millions a year but me to continue this 200k job under the slim chance he decides to divorce me.  Life is short and I don’t get a lot of joy from working.  I don’t dislike it but I enjoy traveling and hobbies way more.  How sad would that be to miss out on ski trips out west just so I can continue a paper pushing job so my husband doesn’t leave me and our kids destitute?  [/quote]

If ski slopes are more important to you than 30% chance of being potentially destitute in retirement and kids not having college education (yes, college accounts under husband control are easily emptied, too) then indeed you can stay home. I regret not having an easy paper pushing job (remote preferably so I could still enjoy traveling). [/quote]

Superfund some 529s and be the owner. That is what I did. And once the 5 years is up, I am going to super fund them again. Just do not be dumb. Be involved in your finances. If your husband is not the kind of guy who is ok with this, don’t give up your job. [/quote]

Alternatively don’t procreate with the type of man who would liquidate 529s upon divorce.

If things are that bad and he’s being that hateful then I don’t see exactly what having a job would even do for you.  This guy apparently wiped out millions of dollars, liquidated a 401k, moved money offshore and then closed his kids’ 529s?  That’s all a special kind of evil and I’m not sure being gainfully employed is really going to improve things that much.  [/quote]

Right. That kind of guy is going scorched earth regardless of your $100k job or not. [/quote]

+10000000

The 100-200k job isn’t going to do that much for you if you’re divorcing a man like that.  A man like that will also try to keep your kids from you.  In a situation like that you’re better off just staying married and trying to ignore the DH.  Not worth all of that drama and he’s likely busy at work anyway.  [/quote]

This makes no logical sense. With a 100k job, you have a paycheck coming every two weeks. That is vastly different than having no paycheck. In the scenario where funds are dispersed or cut off, the person with the 100k job is in a far better position than the person with no job. This is basic logic. [/quote]

I guess?  I just don’t think it will make a huge difference.  Your drop in lifestyle will still be huge.  [/quote]

Much easier to ramp up if you’ve been working than if you haven’t.[/quote]

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