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Relationship Discussion (non-explicit)
Reply to "Spouses of big law partners/lawyers"
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[quote=Anonymous]What is the total remaining student loan debt balance ? If you are only paying $3,000 a month, then your total payments over the next 3 years will be just $108,000. OP: One option would be for a full-time nanny. Would cost $70,000 per year which equals your take-home pay. You would be working for your family's health insurance and for your retirement. Neither the need for a nanny nor for student loan payments will last forever. Even though they will be replaced by private school and college bills, your husband's earnings should be much higher then. You are overwhelmed because of your choice to have 3 children--which I applaud. If you have 3 healthy children, then you have already won; you just need to learn how to appreciate & enjoy your victory. Since it is your husband's first year as a partner in biglaw, you are not yet accustomed to your current income. Your after-tax take home pay should be about $36,000 a month on earnings totaling $650,000 per year. All of your needs should be doable within your current monthly budget. OP: Whether you know it or not you are rich and successful. You have 3 healthy children and the earning capacity and resources to give them the best childhood and education.[/quote]
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