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Reply to "If you could financially quit your job, would you?"
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[quote=Anonymous][quote=Anonymous]I haven’t quit yet, but I am facing the same choice. DH’s salary covers all of our household expenses. For years, I’ve used mine to max out 529 plans and my own retirement account, but I’m now at a place where I could coast on compound interest and not contribute anymore. My kids need me more than ever. My oldest has ADHD and hates medication so we are going through high school unmedicated and it is taking a ton of my time, like 3 to 4 hours a day just on helping him between therapies, running him to sports practice and helping him with his homework. Then my other kid also needs me. We pay our nanny so much money that really all we are missing if I quit my job and fire our nanny is 529 my savings and the money I save in my brokerage and retirement account. It’s scary to quit because my identity is still wrapped around my profession, [b]and I worry what would happen to me in the event of DH’s death or divorce[/b], but on the other hand, maybe it’s time to worry less and focus on the present and what would make the most difference for my family right now? [/quote] If this is a true concern, get a $10M life insurance policy and work up a post-nup agreement in case of divorce. These are all solvable problems / concerns. [/quote]
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