Reply to Sad, just had to cease contributions to my 401K in order to budget in daycare costs for new baby :(

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait, if only have 9 years left on the mountain property, how underwater could you be?

Sell the home you are living in, then buy something much cheaper.  It sounds like DH's income could be unstable for some time.  It would be crazy to keep on like this - downsize, downsize!  Your child care costs are cheap for the area, I don't think that's the problem.  Sorry, OP but you really do need to make major sacrifices here.[/quote]

excellent advice! change homes, move, spend all the commuting, cancel cable, live on ramen noodles, but never ever ever ever stop contributing to retirement, even for a month! because everyone retiring on less than 2 mil is homeless or something.

this is the wrong forum to ask any retirement questions, ever. [/quote]
This is true. (not the OP) I appreciate some of the advice here, but this forum is skewed dramatically towards people who think $100K a year is near poverty, and expect to maintain the exact same quality of life in retirement as their fairly lavish current lifestyles.

I do think that retirement income is very important, and this OP may have some other options available to her that she should consider. But to say that you can't have any kind of normal life -- even to the point of not having a CHILD (such a mean, pointless thing to say when the child is already here or on the way) -- because of some dream retirement decades down the road…it's a bit ridiculous. [/quote]

I know I'm late to respond, but it's funny you should say this.  Our HHI is 70k, and we have 2 kids.  We actually live a pretty normal life.  I never suggested to OP shouldn't have had another kid - that was some other mean person.  But I do think OP could drastically reduce housing costs and still live a normal life, and this would give them a lot of wiggle room in case things get more difficult for DH.[/quote]

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