Anonymous
04/01/2023 08:26
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:There is No Way you can make enough for her to step back. Whatever job she has, it is high powered enough so that it is unlikely she can drop down to PT or even 75%. Do more of the housework and child duties OP. Like do 99% of it. That is your real opportunity to contribute and relieve her stress.
This sounds like the best advice, unless the wife is miserable and wants to cut back. If so, then maybe a total change is in order (move from the HCOL area).
Anonymous
04/01/2023 06:38
Subject: Re:Is there anything I can career shift to age 43?
Move to NJ or Westchester and commute. Your kids can commute to their private just like half their classmates do.
Anonymous
04/01/2023 03:04
Subject: Is there anything I can career shift to age 43?
Anonymous wrote:Op - if I could double my salary then she could get a less demanding job and we’d make about the same.
For those saying we have a spending problem - understand that you cannot buy a 3 br apt in Manhattan or any good part of bk for less than about $3m. That does not include aprox $7k tax and maintenance on said apt). Private school is $110k for 2 kids (so $200k pre tax income). Even groceries are insane - ny is insane. Mid level hedge funders here are not making $300k they are making $1m+. So I feel like there has to be a way. Marketing is not a bad plan..
Honey, can you hear yourself? You don't HAVE to live in Manhattan. Your kids don't HAVE to go to an expensive private school. Your kids don't HAVE to go to private school at all. Buy groceries at cheaper stores. There's so much wiggle room here.
Anonymous
04/01/2023 02:13
Subject: Is there anything I can career shift to age 43?
Op - if I could double my salary then she could get a less demanding job and we’d make about the same.
For those saying we have a spending problem - understand that you cannot buy a 3 br apt in Manhattan or any good part of bk for less than about $3m. That does not include aprox $7k tax and maintenance on said apt). Private school is $110k for 2 kids (so $200k pre tax income). Even groceries are insane - ny is insane. Mid level hedge funders here are not making $300k they are making $1m+. So I feel like there has to be a way. Marketing is not a bad plan..
For those saying we have a spending problem - understand that you cannot buy a 3 br apt in Manhattan or any good part of bk for less than about $3m. That does not include aprox $7k tax and maintenance on said apt). Private school is $110k for 2 kids (so $200k pre tax income). Even groceries are insane - ny is insane. Mid level hedge funders here are not making $300k they are making $1m+. So I feel like there has to be a way. Marketing is not a bad plan..
Anonymous
03/31/2023 23:49
Subject: Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:Describe media. I am 45. I make a little over 150k. Association writer/editor.
That's a lot of money! I do nonprofit editing/writing and am just starting a new job that pays $85k - and I thought that was decent. I guess next time I am ready to try for something new, I should look at associations!
PP here: It is not common to make this much but there are exceptions.
Anonymous
03/31/2023 22:48
Subject: Re:Is there anything I can career shift to age 43?
There is No Way you can make enough for her to step back. Whatever job she has, it is high powered enough so that it is unlikely she can drop down to PT or even 75%. Do more of the housework and child duties OP. Like do 99% of it. That is your real opportunity to contribute and relieve her stress.
Anonymous
03/31/2023 21:44
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:Anonymous wrote:That’s pretty decent. Maybe look at adjusting your lifestyle to fit your salary? How much does your wife make?
Op - we are in nyc so col insane.
Wife makes about $650 - 750 (depending on bonus). But again in nyc that is prob equivalent of $250 in dc.
I would like to make it more even so she can step back
If you can’t live on 800-900 k combined you have a spending problem.
You also are never going to make enough to alllw her to step back if you’re used to spending that much.
Give me a break, OP. $650k in NYC is more like $400-450k in DC. Your family is wealthy. If your wife can't throttle back a little without any change in your salary, then, indeed, you have a spending problem.
Anonymous
03/31/2023 20:34
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:That’s pretty decent. Maybe look at adjusting your lifestyle to fit your salary? How much does your wife make?
Op - we are in nyc so col insane.
Wife makes about $650 - 750 (depending on bonus). But again in nyc that is prob equivalent of $250 in dc.
I would like to make it more even so she can step back
If you live in New York there are tons of marketing jobs that should pay WAY more than what you’re making.
Anonymous
03/31/2023 19:28
Subject: Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I shifted to fed foreign service at 50.
Op - how has that transition been? Was it hard to do?
Easy for me but dh was I. It before and I was stateside.
Same pp here. Not sure you’d want that though. I only saw how much you earn after I posted.
Anonymous
03/31/2023 18:41
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:That’s pretty decent. Maybe look at adjusting your lifestyle to fit your salary? How much does your wife make?
Op - we are in nyc so col insane.
Wife makes about $650 - 750 (depending on bonus). But again in nyc that is prob equivalent of $250 in dc.
I would like to make it more even so she can step back
Wow what does she do?
Anonymous
03/31/2023 18:32
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:Anonymous wrote:That’s pretty decent. Maybe look at adjusting your lifestyle to fit your salary? How much does your wife make?
Op - we are in nyc so col insane.
Wife makes about $650 - 750 (depending on bonus). But again in nyc that is prob equivalent of $250 in dc.
I would like to make it more even so she can step back
If you can’t live on 800-900 k combined you have a spending problem.
You also are never going to make enough to alllw her to step back if you’re used to spending that much.
OP pivoting to a career making $300k in your 40s is not happening unless you have a buddy at a hedge fund willing to throw you a line for a mid level position.
Anonymous
03/31/2023 17:54
Subject: Re:Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:That’s pretty decent. Maybe look at adjusting your lifestyle to fit your salary? How much does your wife make?
Op - we are in nyc so col insane.
Wife makes about $650 - 750 (depending on bonus). But again in nyc that is prob equivalent of $250 in dc.
I would like to make it more even so she can step back
If you can’t live on 800-900 k combined you have a spending problem.
You also are never going to make enough to alllw her to step back if you’re used to spending that much.
Anonymous
03/31/2023 17:52
Subject: Is there anything I can career shift to age 43?
Dh was in foreign service
Anonymous
03/31/2023 17:48
Subject: Is there anything I can career shift to age 43?
Financial newsletter
Anonymous
03/31/2023 17:47
Subject: Is there anything I can career shift to age 43?
Anonymous wrote:Anonymous wrote:I shifted to fed foreign service at 50.
Op - how has that transition been? Was it hard to do?
Easy for me but dh was I. It before and I was stateside.