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Reply to "Employers - what percentage of your take-home salary goes to Nanny?"
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[quote=Anonymous]This question is for DBs and MBs. What percentage of your family's income goes to your nanny or nanny share? What do you make, if you feel comfortable sharing? We have a four month old and have opted for the nanny share route, and are in the interview process now. It makes sense for us financially, because it will cost about the same as infant daycare ($1800-2000/month per family), but it means that about 20-25% of our family's combined [b]take-home[/b][b] pay ($100k) will go to childcare. It essentially eliminates our ability to save this year. Are others in the same boat? Should we be searching for more affordable options (if they even exist)? We don't have a FSA at our current employer, but I'm also searching for a new job, so there's a possibility I'd have that benefit in a couple months. FWIW, my partner and I make about the same amount. So childcare accounts for about half of our individual take-home pay, meaning it wouldn't make financial sense for either of us to stay at home. [/quote]
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