Anonymous
01/19/2017 23:56
Subject: Re:s/o how much money do you need to make to provide for a SAHM?
Anonymous wrote:250k and a SAHM. Retirement savings for us is closer to 2 million. Early 50s. State college tuition paid for two kids for 5 years each. Live on $100 K - very well. $150 is saved for retirement and not touched at all. Low cost SFH in the boonies, public school, no student debt, no childcare, no consumer debt except low mortgage. One vacation abroad a year.
I could have afforded to SAHM in under 100K as well. We may not have had the huge retirement savings then but we would have still saved and maintained the lifestyle in retirement. I feel quite well-off in life and I also have a great life.
What do you consider boonies? How long is DH commute?
Anonymous
01/19/2017 23:56
Subject: Re:s/o how much money do you need to make to provide for a SAHM?
Anonymous wrote:250k and a SAHM. Retirement savings for us is closer to 2 million. Early 50s. State college tuition paid for two kids for 5 years each. Live on $100 K - very well. $150 is saved for retirement and not touched at all. Low cost SFH in the boonies, public school, no student debt, no childcare, no consumer debt except low mortgage. One vacation abroad a year.
I could have afforded to SAHM in under 100K as well. We may not have had the huge retirement savings then but we would have still saved and maintained the lifestyle in retirement. I feel quite well-off in life and I also have a great life.
Key there was getting into housing market before huge price run up in early 2000s. You do that and everything else is easy. And it's why doing it. Ownon $100k would be difficult.
Anonymous
01/19/2017 23:50
Subject: Re:s/o how much money do you need to make to provide for a SAHM?
250k and a SAHM. Retirement savings for us is closer to 2 million. Early 50s. State college tuition paid for two kids for 5 years each. Live on $100 K - very well. $150 is saved for retirement and not touched at all. Low cost SFH in the boonies, public school, no student debt, no childcare, no consumer debt except low mortgage. One vacation abroad a year.
I could have afforded to SAHM in under 100K as well. We may not have had the huge retirement savings then but we would have still saved and maintained the lifestyle in retirement. I feel quite well-off in life and I also have a great life.
I could have afforded to SAHM in under 100K as well. We may not have had the huge retirement savings then but we would have still saved and maintained the lifestyle in retirement. I feel quite well-off in life and I also have a great life.
Anonymous
01/19/2017 23:09
Subject: s/o how much money do you need to make to provide for a SAHM?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:By mistake, I read the other thread about all women aspiring to be housewives. Need to know what I'm working with here.
Why, what did you read in the other thread that concerned you?
Because I've never been driven by a desire to "provide" for someone. Am I in the minority?
Uh, no. I really hope you're not in the minority. My parents came to this country with three little girls under two so we could get educated, have careers, and NOT have to rely on a man to provide for them. Those posts are so sickening to me.
You fool. So when nannies/daycares raise kids, it is not sickening. But when mothers do it is..
Your parents did not do a good job of raising you. Maybe they should have both stayed home.
. . . says the college-educated person that made it a goal of marrying a rich man to provide for them.
I'm a new poster. To be clear, staying home with my kids is not about ME. it's about CHILDCARE. It's about providing my children with the absolute highest quality childcare available - a parent. it would be a cold day in hell before I leave one of my babies in some random daycare for 50 hours a week.
Good for you. I've never understood why the interests of the kids are always left out of these discussions. It all seems to revolve around finances, career advancement, having "me time" for the parents, how to outsource domestic life. There is never a debate about the most important issue - raising the children.
stop making sense
Anonymous
01/19/2017 16:57
Subject: s/o how much money do you need to make to provide for a SAHM?
Anonymous wrote:Anonymous wrote:We were planning to do it on 50k. Small business took off and now we do it on ~130k. Business could go under any day; if it does, we'll be fine at 50k. Midswesterners here.
Not sure how this applies to DC. You'd be on welfare here.
It's a good reality check.
If it's possible to SAHM in the Midwest at 50k (which is probably much more reflective of the nationwide median at ~52k), then it's definitely possible to SAHM in DC at 93k (the DC median).
All of you folks saying you need 200k or 300k to SAHM here are nuts.