Reply to SAHM: what do you do to protect yourself financially?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]1. I will get half the assets, so $400k from the house, $ 250k from the 401k, and about another $250k from investments, liquid funds, etc. I’m 35 so not too shabby.

2. I will get alimony and child support based on his $350k salary

3. I have Masters degree and worked for 13 years before staying home to have children close together, ie, 4, 2 and newborn. I can get back into the workforce.

4. My children have trust funds and college is fully funded for undergrad and grad school, accruing interest.

5. I don’t need the standard of living I have. Even if I get a job making $100k, with alimony and child support I will be fine.

All of the above is purely to answer the question, I do not plan on divorcing and am happily married. [/quote]

How do you kids have trust funds if your husband only earns $350k a year?   Where do you live where you have such a cheap house?

I don’t know why I keep answering at this point, it’s like you’re trying to poke holes in a very normal situation, but here goes:

1. Trust fund is set up by my father. In both children’s names, complete with trustees that will ensure the money goes to pay for higher education if I die.

2. Again, I did basic and generalized math since this is DCUM and not an audit. We have $800k equity in our home. Half of that is $400k. Our total home value is probably 1.2 million. When I was working our HHI was $500k, We were DINKS for a long time and with a large down payment and good real estate market, voila

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