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Reply to "SAHM: how much does spouse have to earn to make it work? "
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[quote=Anonymous][quote=Anonymous]Be sure to include the loss of basic savings if you leave your outside job. Even basic 401K with a company match would be significant over a number of years. [/quote] + social security in addition to losing financial security in the case of a spouse’s death or job loss or divorce. The combined risk of a high earning spouse dying or losing their job or initiating a divorce would keep me working. Two of the three happened with my parents (mom was SAHM) and my husband’s parents. These things are unfortunately very common. My thinking with everything - fertility, career, etc is “You are not an outlier.” My actions are very much geared towards protecting myself and my family in worst case scenarios. [/quote]
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