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Reply to "Dual 400k incomes vs single 400k income "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Each 200k worker has to pay social security taxes on the first 168k. 168kx2=336k in taxes One 400k worker only had to pay social security on 168k. If you have a SAHM, you get to save on daycare, camps, aftercare and you have more time to enjoy your weekends because the house is clean and errands were ran during the week. The downside is that the jobs that pay 400k often don't allow the person much time at home, they're demanding and stressful. My 160k job though is also demanding and stressful, so there's that.[/quote] All the sahms I know are sending their kids to preschool and camp 5 days a week. It’s considered stimulating for their kids. They save on not needing a nanny, but they spend plenty on school, extracurriculars etc. [/quote] Yeah most SAHM stay pretty active and to do it comfortably actually takes a lot of money. [/quote] Agree. And when their husband cheats or she ages a bit or gains weight, she'll be screwed. It's rare to find a man who wants to support a woman in this way and doesn't devalue her eventually. Just wait until the kids are in MS and beyond or he loses his job. Only in my parents generation and earlier did the traditional arrangement actually work. And many marriages were unhappy. Now with women being educated and it costing a LOT more money to have the traditional UMC life, people are seeing a different balance. I know plenty of women want to SAH. Do it with caution![/quote] You hang with the wrong crowd! I know plenty of sahp who are happily married 30+ years later. Spouses are execs and are decent humans and aren’t cheating. [/quote] There’s so much less stress with the breadwinner SAHM setup. It can make for very happy marriages. [/quote] Yup! I gave up on a path to high level career to sahp. Made for less stress, everyone happier, and I didn’t want to put my kids in daycare (oldest wouldn’t have done well—wouldn’t take a bottle or go to strangers at all). So I quit my 6 figure job (over 25 years ago) and chose to stay home. This allowed spouse to take on whatever work project needed with you any thought of “is it my week to be home since spouse is traveling” or “sick kids who calls out of work” etc. I managed the kids and home front. Wouldn’t change a thing. Happily approaching retirement for spouse with $30m in bank plus 2 homes owned. We are all happy [/quote]
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