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Reply to "single income family/ SAHM major disadvantage "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m in awe of my classmates from college and medical school. Many of them are now partners at law firms married to a physician or another high level professional. I guess jobs now are more flexible as some have over 3 kids. I’m estimating their joint incomes to be 500-800k across the board. [b]Growing up, it seemed that being a SAHM with high earner dad was high status[/b]/ privileged but now it’s having now having a mom as a law partner / dad surgeon with tons of money in your 529k. I bet this means that young men now are looking to marry someone who can put them into that next tax bracket vs sometime we can care for the kids. [/quote] It still is, but I think what you define as a “high earner” isn’t actually a high earner in this area. I’m not sure what you define as “status” but the dad’s I know making $800k+ married to SAHMs definitely have it. [/quote] Yes, the SAHM is still high status. Incomes are higher though. High earning men with SAHM and 3+ kids in private school requires an income of 800K+. DH earns 2-3m. I stopped working to focus on the kids when he was earning around 800k.[/quote]
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