Reply to Leaving a Government job because of daycare expenses.

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[quote=Anonymous]You say you net 1200 from your job after the nanny costs, but are still pulling out of savings. It would seem that if you quit your family would be in a larger hole financially, even short term. If you are net positive 14k/year (1200/month) from your job, then without your job you would be pulling that amount from savings as well to make ends meet.

The FERS pension alone is reason enough to keep working. With promotions and step increases govt is doing better than a lot of private industry and the TSP match is pretty generous. The younger years will be tough with the nanny costs, but financially giving up a job you may not be able to get back and all the govt benefits would sizeable.

It is also debatable that you would be able to give more attention and care to the kids than the nanny, if the nanny is good. The nanny doesn't have the distractions of running a household to take away time from the kids, as well as an end time that makes it more likely she can put more energy into things. Then you get home from work and are excited to see them and can interact with energy and excitement that might not be there if you spent all day, every day with them.  
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