Reply to 50/50 split of assets with SAHM

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pp again. I do agree with previous posters that you don’t make the big bucks working flexible hours, calling out when your kids are sick and taking time off to take the kids to their well visits annd dentist appointments. I’m sure you can occasionally be available but doing this once in a while is different than being there every time. I’m sure you can have a job earning 200-400k, maybe 500 if you put your dues early. We know several guys earning 500-800k with somewhat easy hours but they don’t choose the hours so while one day, they may be around to do pick up, other days or weeks at a time, they are very busy. The job dictates when they are busy and when they are free, not the guy who picks the hours he wants to work. The only people I know who do that are feds. They can clock out and clock back in. They can get PTO or take sick leave. There is no $1m+ bonus they are working for.[/quote]

Yes there are. IT, builders, finance, sales, commercial real estate… yes there are.[/quote]

I actually worked in those industries. The guys who make the big bucks are not the default caregiver. I used to work in Manhattan and those guys are not leaving work at 3 to be home to pick up their kid and take their kid to soccer at 4. Every single guy I worked with had a stay at home wife or a wife who had a flexible job. The women had not just one nanny but two or even three nannies.

We do know senior people who are semi retired. A few people have sold their companies and both parents don’t really work anymore.

I stand by if you are making millions, you are not working these easy hours driving your kids around the way a SAHM would.[/quote]

+1. This is what I see too. I do know a couple fed couples. They both make around 100K and parent pretty evenly. They both have pretty flexible schedules. I wouldn't give up a job like that. I worked in finance and it was all about face time and being in the office. The nice thing is you can make pretty good money early and if you invest most of it you can stay home/work a flex job after the kids come. That's what I did anyway.[/quote]

True. The power move is to put off kids until your mid-40s and retire! But sadly there is a huge greed/golden handcuffs aspect to this lifestyle. My “executive brothers” wives would not agree to downsizing. They like their houses and vacations and country clubs. My brothers derive their self worth from being around other rich a-holes. [/quote]

A good formula is to marry to a similar person young-ish, save like mad for 7-8 years, have kids in early/mid 30s and live on one income. We were serious about saving though. I knew one of us had to step back eventually and I wanted to do it. I actually had kids in daycare before they started school, so I had a few more working years to save. I didn't step back until they were in school. For this to work, you have to find someone like minded. That can be tough. It's easier to find them when they are younger though.[/quote]

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