Reply to SAHM: what do you do to protect yourself financially?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]1. I will get half the assets, so $400k from the house, $ 250k from the 401k, and about another $250k from investments, liquid funds, etc. I’m 35 so not too shabby.

2. I will get alimony and child support based on his $350k salary

3. I have Masters degree and worked for 13 years before staying home to have children close together, ie, 4, 2 and newborn. I can get back into the workforce.

4. My children have trust funds and college is fully funded for undergrad and grad school, accruing interest.

5. I don’t need the standard of living I have. Even if I get a job making $100k, with alimony and child support I will be fine.

All of the above is purely to answer the question, I do not plan on divorcing and am happily married. [/quote]

How are you 35, worked for 13 years before staying home and have a master's degree? Honest question.[/quote]

You are correct my math may be off by a couple years. I did a quick estimate of graduating  HS at 17, 4 years undergrad and 2 years grad school making me 23 when I entered the workforce full time but yes, it may be closer to 11 or 12. [/quote]

So you became a SAHM in like, recent months? [/quote]

No, 2 years ago. I have one on the way and will want a 3rd quickly as well, hence my example of having a 4, 2 and newborn to keep me plenty busy at home and why when we planned for me to stay home it made the most sense. [/quote]
You said you have a 4 yr old, 2 year old and newborn. Your story is changing constantly.[/quote]

PP here.
As I’ve stated repeatedly, these were general numbers to answer a question on a website. I said ie, newborn, 2 and 4 year old, to illustrate why the choice was to stay home, as I’ve also said in previous posts. That’s a lot of little kids needing a lot of care, and that’s our plan. We are 3/4 of the way there.

I have actually been in the workforce since I was 15 if you are going to be that specific, and I was making $20 per paycheck deposits into an IRA since I was 18, too, to be even more specific.

And yes, I don’t have to save for college so that’s a really great thing. I said nothing about any other money given to me, but it is indeed a huge gift, the gift of education, from my father for my children and I’m grateful.

The rest of the responses are just jealousy, assumptions, and pure conjecture. I answered the question, you don’t have to like the answer or be disappointed a SAHM actually has a plan and will he just fine.[/quote]

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