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Reply to "What is the reasonable HHI income for wife to stay home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH makes over 700k as a base salary and I don't want to stay home, but that's just because we've grown into our lifestyle and we want to send all 4 kids to whatever school they want. I guess if our mortgage was paid off, each kid had $300k in their 529 plan and I felt really really solid about our marriage, I'd more seriously consider staying home at DH's current income since I've already saved a decent amount in my 401k and brokerage account. I'm not complaining this is "reasonable" but it's my reality. [/quote] Oh my... I'm so sorry to hear you are struggling with 4 kids and your lifestyle choices that you cannot make it on $700K+ a year. Maybe we should do a go fund me for you. Really, you shouldn't have to struggle at all like you are. [/quote] I don't think PP said she's struggling but that she doesn't feel like she doesn't feel secure enough to stay home even though her DH makes $700k + a year. I get that. [/quote] +1, my DH makes a similar amount and I feel the same way. We also live in a HCOL city in CA and we have some ambitious home renovation goals, want the flexibility to send our two kids to private, and my mom may have some serious medical expenses that I want to be able to help out with. I also appreciate the OP’s point about a rock solid marriage - while my DH and I are relatively happy, by no means would I say we have a perfect marriage. This also tips against SAHM for me. But ultimately, I enjoy my work and my career, and make good money since leaving the fed govt, so I doubt I would ever leave the workforce entirely. [/quote]
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