Reply to Can I be a SAHM on about 100k per year?

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[quote=Anonymous][quote=Anonymous]I SAH on around 100k and a mortgage of 2200/mo and no car payment, no student loans. I hate to say it, but we felt strapped. My DH contributes the max to retirement AND we saved for college and we had one hundred fifty thousand cash set aside. I returned to work after two years so we could have some luxuries. I went back at 20/hr 3 years ago and I just got my W2 and I hit one hundred fifty two thousand this year. It was the best financial decision we could have made for me to return to work.

Your views on retirement and college savings are a bit immature. You only have 50k saved. That is nothing. Do people like you have any clue what health insurance and prescriptions cost the elderly? Do you actually think that government safety net will still be there for you?

I would think differently f your situation if you were a homeowner with a STATIC low mortgage, but you are at the whim of rent, which never goes down, you only have 50k in savings, and you are unphased about retirement and college savings.[/quote]

You have no idea how much we have saved for retirement! The 50k is liquid cash. And, the reason I said we can do retirement and college savings through my business income is because there are tax benefits to doing so. [/quote]

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