Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

Anonymous wrote:

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

If 2/3 kids are still in full daycare that’s not a SAHM. And I would personally find a way to do the full 401k amount plus both IRA’s. That’s what we do.

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

If 2/3 kids are still in full daycare that’s not a SAHM. And I would personally find a way to do the full 401k amount plus both IRA’s. That’s what we do.

Don’t leave the workforce. You are paying to play now but in five years it will be so much better. You’ll give him a lot by taking a step back now including retirement savings and a pension. Just try to coast for the next few years.

Anonymous wrote:

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

If 2/3 kids are still in full daycare that’s not a SAHM. And I would personally find a way to do the full 401k amount plus both IRA’s. That’s what we do.

Anonymous wrote:My DH makes about 320k and I could SAH on this. I make 250k and he could SAH on my income as well. However it would greatly hamper our financial goals.

Anonymous wrote:Is the number different from what would be required for a husband to stay home?

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?

Anonymous wrote:$125K+ It really depends on your expenses.

Anonymous wrote:We did it with $150K and three kids in NoVA.

Anonymous wrote:Depends on the lifestyle you want. You could make it on one spouse earning $100k if you wanted to.

Anonymous wrote:So I am actually thinking about doing this- DH and I are still talking through the pros/cons. We have 3 (5 and 3 year old in daycare, and an infant with a nanny). He makes 200k in the private sector and I make 100k as a fed. My take home money basically goes to the nanny after I pay for healthcare and retirement. Also, I am not enthusiastic about my job. Both DH and I currently feel like we are both stretched so thin, mentally and time-wise, that we aren't fully successful at any of our responsibilities.

I'd be watching the baby at home, and I'd fully take on all the home responsibilities and family logistics stuff, like bill paying, etc. This would free up a ton of DH's time so he could focus more on work. He's enthusiastic about this arrangement, but I worry about giving up my fed stability and retirement benefits.

One thing we were discussing, is that instead of him maxing out his 401k, if he did a half portion and then contributed half to an IRA for me. This would assuage my fears that if something happened to us, I wouldn't be left high and dry because I left the workforce during my prime working years to enable him to focus on his career.

Has anyone done something similar to this? Or made a similar arrangement?