Reply to if you SAH, how do you plan for DH leaving, dying, etc.?

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[quote=Anonymous][quote=Anonymous]I'm pregnant with our second, and I'm thinking of SAH, but I am really nervous about reality of being a one income family.  What if DH is injured or gets sick or worse?  How do you plan for divorce (don't think its at all likely, but I don't live under a rock)?  I can't imagine not contributing to a retirement plan and just hoping DH is there for me.  Does everyone who SAH just have it so good that these aren't real worries?  How did you plan?[/quote]

Insurance on both of us for the dying and disabled bit.

I contribute the max allowed annually to an IRA, DH does 401k and IRA- both of us have been contributing for decades, so we are in danger of overfunding at this point.

Don't plan for a divorce, but there are things in place to assure an equitable distribution.  The biggest issue would be the emotional fallout, especially for the DCs- but will be so no matter what ones working status is.  A great many things do not point to divorce for us (married older, intact families, college educated, active in a religious congregation, similar world views, married for 19 years, have children.....).  The only thing that is a negative statistically is the SN child- but we seem to be able to work as a team in that regard.

If you are worried about "the future" and both of you are on board with one of you staying at home, draw up an agreement and take it to a lawyer, so both of you are protected.
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