Reply to Breadwinner wants out of the rat race

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[quote=Anonymous][quote=Anonymous]How many years has he been a partner and what are you saving and investing per year now (excluding anything for the kids' education - since I view that for kids not you). Aren't you at the point/reaching the point where your investments are throwing off a few hundred thousand per yr -- i.e. another professional adult salary? Btwn that + DH making 150k as a fed (more like 200k if he goes to a financial regulator) + your NP salary -- is your net worth going to take as much of a hit as you think it is? I'm not suggesting your DH goes into the gov't and you start pulling 100k out of your brokerage account/investments yearly but you WILL have the luxury of supplementing 20k or 50k here and there for new cars/renovations/vacations -- things that regular feds don't have usually.[/quote]

THIS. How are your non-retirement/non-education related investments NOT throwing off an additional 100-200k (at least) yearly? If they are, then yeah you still take an HHI cut, but you're looking at a situation where DH's comp goes from 700k or whatever it is now -- to more like 150k in gov't + 200k in investments, with you making 100k or whatever at your non profit. Can you really not live on ~450k? Not suggesting you should necessarily be selling stock all the time for additional income, but having the ability to do that REALLY will make your life a LOT easier than most gov't worker families. Plus given that your DH has always been biglaw, isn't his client base/work experience 100% financial services (I know mine was but I was in NYC biglaw and IDK if DC firms have a different client base); if so wouldn't it make more sense to try for something like SEC, FDIC etc. -- there he isn't looking at maxing out at 160k, but more like 220-250k.[/quote]

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