Reply to Considering leaving a good job ($120K) in mid-thirties to be a SAHM

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[quote=Anonymous]NP here.  Our salary circumstances were very similar.  I became a SAHM right before our 2nd was born and left an identical salary.  My DH makes the same salary with little growth (maybe $120k-125 today).  We lived very comfortably in NW DC.  I had great friends who had similar HHI incomes and/or flexible work arrangements. This was one of the greatest times in my life.  Fast forward to today, I went back to work after 3.5 years off and landed my dream job in my dream city in my first proposal (next level up, same salary, flex schedule of my choosing).  It was a position I couldn't turn down, and honestly, I'm just as happy as when I was staying home.  Just because you choose to SAHM, doesn't mean that it has to be for 5 years, 10 years, or forever.  I've known lots of women who float between the SAHM, WAHM, and WOHM.  Nothing in life is permanent--give yourself the space and confidence to re-evaluate along the way.

Financially speaking, we did have significant net worth and a rock-solid budget before my SAHM stint.  We had maxed our retirement since marriage (probably $350K 5 years ago).  We also purchased a primary residence and had two investment properties as well.  I would say our net worth at the time was $600-700K (including retirement).  We always lived off one salary and banked the other (best advice I ever received).  Thus, we didn't have to worry about saving for retirement as much during my break or saving for college (we deferred investment income to 529s).  During those 3.5 years, our net worth still grew by $100k/year+ and we are around $1.2 today--I've only been back to work for 6 months.  We really track every penny spent.  Best of luck with whatever path you choose.    [/quote]

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