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General Parenting Discussion
Reply to "What’s your motivation for working if you can afford not to?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I work because I make decent money ($200k) in a job that is stimulating and that I am good at (inhouse lawyer). I work strictly 9-5, have 5 weeks vacation time, and a 15 minute commute. DH makes about the same as I do and we can certainly live comfortably on his income, but my working affords us a lot more options as another poster said: better vacations, more savings for an earlier retirement, expensive hobbies. Right now, my entire paycheck goes into savings, so we are able to spend and enjoy all of DH's income (except he maxes out 401(k)). If I wasn't working, we would need to devote a large chunk of DH's paycheck to saving (emergency, college funds, investment, etc.). If things continue as they do with our savings rate and ROI, we will be on track to be able to replace my income with income from our passive investments in 5 years. I debate between staying home with our young kids (4 and 2) or continuing to work so DH and I can both retire in the next 10 years (if we want, though health insurance will make that tough). [/quote] I'm PP from above, and would add that if I could work part-time for half the pay, I would totally do that. I think part-time in a job that is intellectually stimulating is the sweet spot, but that is hard to come by. [/quote] Ditto to all this, plus the part where I would go part time. Wish there was a way to job share! [/quote] Ditto to all of this (including the job description and pay), but I used to do it part-time. I would never leave the professional workforce and rely on my husband as the sole source of the HHI. Way too risky.[/quote]
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