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Reply to "SAHM: what do you do to protect yourself financially?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I know that no one wants to think of a marriage ending but i just saw a post about a SAHM who wants to leave her husband but financially it seems too difficult. If you are a SAHM who is helping advance husband’s career by taking on the brunt of childcare and housework do you have a post nup agreement? Does he put money into a bank account for you that only you can access? Can you live off alimony if you divorce?[/quote] Most Wohms make pitiful amounts of money and cannot have the same standard of living if they divorced. If you are working, you also get less alimony.[/quote] I WOH and don't consider $165K a year and good benefits to be "pitiful." But whatevs. [/quote] I WAH and make $170k. It would be considerably less because my husband makes $400k. But, I have all of the health benefits, etc. We are 21 years in so 1 house is paid off and the other house almost there. That is protection too since there wouldn't be a mortgage and kids (pre-teen, teen) already have maxed out 529s. My parents ALWAYS said to always have your own form of income. Keep one foot in the door, even if it is part-time. You always need a means to support yourself---and have your own retirement![/quote]
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