Reply to Husband wants to take a huge paycut to join a startup

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Reply to "Husband wants to take a huge paycut to join a startup"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How much is currently in retirement? In 529's?  Maybe you would feel better if you guys sat down with a fee-based financial planner who could show you how much of that money you need for college, and just how really safe you are now.  I don't think your concerns are coming from a realistic view of your financial situation.  [/quote]

That's a good idea -- OP doesn't seem to have a good concept of financial planning. They have a huge nest egg, and that will definitely tide them over.[/quote]

As I see it, it's not about financial planning. It's a fear. Numbers help a bit, but not much. OP's husband has a plan A (start-up) and a plan B (find a new job if fails). I think plan C and plan D are necessary, spending plan is necessary. I understand the fear completely and no financial planner can say anything to alleviate it, as they will be giving me the high probability scenarios while I would be focusing on the very low probability one (hyperinflation coupled with the market crash with sky high health costs).
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But where can op's dh go with that?  The fear is not rational.  Dh has laid the groundwork to take this chance while creating a financial safery net.  I don't see why irrational fears of financial ruin should trump that. [/quote]

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