Reply to Explain to me the financial risk of SAH if partner is a high earner

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]State mandated levels of child support are very low compared to what it really takes to raise a child. Think bare minimum in terms of food, housing, etc.  Also, divorced parent is not legally obligated to pay for tutors, out of network medical care, private school or college nor, in many states, any child support beyond age 18. (Although DC mandates child support until age 21).[/quote]

This is absolutely not true.  The issue is the lifestyle you enjoyed being married.  Usually, medical care is split or paid for by one parent and if kids are in private, if the parent can afford it, it's ordered.  No one should be ordered to pay for college.

However, at that income OP would get alimony, the issue is if it is life long and 1/2 of everything except if its hidden.

If you have a scummy spouse that would hide money and cheat on you, get out now before its too late.

I am a SAH.  I could see how my husband treated his ex and knew what type of person he was so I wasn't worried at all. [b] He makes sure to max out my retirement, [/b]and got life insurance in case something happened, and has planned for us, just in case (hopefully there will never be a just in case).[/quote]

The bolded makes me think you’re naive.  There’s no such thing as “maxing out retirement” when you don’t have a job.  He may be able to put $7k in a Roth, but only if you’re not a high wage earner and in that case, you shouldn’t be staying home.  Now if you mean you save in brokerage accounts in only your name, then okay.  But that’s not maxing out retirement.

Maxing out retirement is contributing the full 22,500 amount in 2023 plus any company match. [/quote]

We're not eligible for a Roth.  Yes, I have money in my name only.  We also have good college funds and a paid-off house.  Plus life insurance.  I was not a high earner and hated my job,

[/quote]

Ok.  But again, you’re not maxing out retirement.  So that makes me question if the other stuff you say is actually true.  [/quote]

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