Reply to single income family/ SAHM major disadvantage

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[quote=Anonymous]I am 60yr old. Been a  SAHM for 2 decades.  When I left my job to stay at home, DH and I made sure that I would never have to go back to work in any situation (divorce, death, disability, disaster, unemployment) for our lifetimes.

My DH and family see me as the biggest strength of our family.  DH and I, wanted our family to be happy, healthy, intact, secure, well educated, successful, financially comfortable while also being self-fulfilled.  We have time for our hobbies, causes and passion,  we are able to support our extended family and we have a great social life. 
And when we see how successful we have been in this because a college educated parent had the luxury to stay home and oversee this...it's priceless.

The stability and support structure of our family means that we are also a support for my adult children and their young families. This is true luxury and the returns for all my hardwork has been manifold and generational.

Speaking for myself only -

Is there a financial disadvantage of having a SAHM?  If you are well-off, well-educated, can live/save on one income, and have remedies in place to combat adverse financial situations - then there is no disadvantage except not having double income.

What is the financial advantage of having a SAHM?  If you are well-off, well educated and know how to leverage your time and brain to serve your family - you can help yourself and your family become happy and successful.

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