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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here.  Did not expect a four page thread on this but I should have known better ;)

So to answer some questions, first off DH hasn’t been making 7 figures as partner for five years, just for the last one.  He was 500K, then 650, 800, etc.  He worked his way up.

Yes, our savings are our retirement as well, hence why I’m anxious.

For the PP who asked why he’s miserable- I think most people who have been in big law or know someone married to Big law know the answer, but it’s relentless.  You’re either crazy busy and stressed or not busy and stressed because you’re worrying about billable hours.  You’re at the mercy of the clients anytime day or night.  But most of all it’s cutthroat and money and clients are power and DH just doesn’t like to operate that way.

And yes, he’s had a government job before.  This is his second firm, and he did five years in govt between them.  He loved every second and was so happy, but we then had a third child and our oldest was starting school and we needed to leave DC for better schools and a bigger house so he took one for the team.

And I have never said I’m not open to going back to work once my youngest is in school full day.  But as I said I’m a teacher and even if I go back, while it would help, I’m not going to be bringing in anything significant.

Our spending is primarily mortgage, household bills, and food.  He’s often not home for dinner and I have three young kids so we eat out or order in more than we would if he switched jobs.  His law school loans are paid off, and we have no other debt.  I think like a lot of people out discretionary spending is Amazon purchases and target runs and yes it all adds up.  We would 100% be willing to rein that in.  My concern stems just from the basics- food, mortgage, bills, etc.  Our older two kids do a lot of sports (not summer camps because I’m
Home with them and they don’t need to) but we aren’t willing to budge in spending for their activities.  We are also committed to 100% financing their undergraduate educations.  Neither DH nor I had any undergraduate student loans and we feel very strongly about starting off kids off without debt.  If they decide to go to med school or  law school or what have you, if we are able to help we will but no guarantees in that front.  [/quote]
I’m a GS-15 lawyer with 3 kids in public school and a similar mortgage situation to yours, and my DH is pretty miserable with a stressful, high-paying job. A few years ago, we tried an experiment where I attempted to pay all our expenses for a year from my salary alone to give us a sense of what our lives would be like if he quit his job abruptly.  I made it about 9 months before I needed a cash infusion, and those 9 months were awfully stressful.  It probably would have been doable if we never ate out or spent money on other discretionary purchases, but that’s not fun if you are used to not budgeting.

I do have a lot of sympathy for your DH, as you only get one life and spending all your working hours in misery is a terrible way to live. I agree with others that it would make sense for your DH to look for a less stressful job that payers more than a government salary. I also think you are too quick to dismiss your potential future financial contributions to the family.  It wouldn’t be very hard to get additional teaching certifications once your youngest is a bit older, and a public MS or HS teacher around here makes decent money.  [/quote]

Public school teachers are not paid based on what grade they teach. It’s simply a grid that looks at level of education (bachelors, masters, masters +30, etc.) on one axis and years of work on the other. OP could teacher kindergarten or AP calculus and would be paid the same. [/quote]

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