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Reply to "SAHM’s who used to work - what salary did you leave behind?"
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[quote=Anonymous]I was making $155K 8 years ago. Spouse earned less at the time, but now earns more, though I would be earning more as well if I'd kept working. I could barely take any time off in an industry that was very subject to political whims. We had two kids I felt I was barely seeing. It wasn't worth it. We were lucky in that only one of us had student loans. We prioritized paying those off early in marriage. Then, we fully funded both our retirement accounts for several years, even when we had kids and were paying for child care. My 401k is now over $650K. Add in Roth contributions since I left and my total retirement is over $720K. (Spouse's retirement accounts have more because of continued contributions, but they are a modest % of income now). We were renters when I became a SAHP. It does feel precarious at times to have only one income. But our kids and family life felt precarious with two careers. I wish I'd chosen a career that had more flexible hours, or options for part time work. That wasn't something I ever thought about until baby #1 arrived. It was the shock of my life that I found myself wanting to be a SAHP.[/quote]
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