Should I give up $200,000 annual salary for stay at home for one year?

Question

I will loose my current job and $200,000 income for a year, it’s a job I really really enjoy.

Answer

I have a huge feeling you’d regret that.

Answer

There are so many factors here in determining whether this would be the right decision for you. Would it be a big financial hit for your family to not have that income? Are your skill sets such that you can easily step back into a comparable role after a year or might the absence set you back professionally? How will you explain the gap in your resume to prospective employers? Do you think staying home for a year would bring you the satisfaction and happiness you need to thrive and feel whole as a person? These are just a few...

Answer

I mean, I probably wouldn't, personally  unless I:
Had an emergency fund of 6-12 months worth of all expenses 
Had a regular savings account with probably a similar amount in it
Had all my debt paid off
Had my mortgage paid off
Had a retirement account with at least 3-5 years worth of wages in it.
But that's me..🤷🏽‍♀️

Answer

Why SAHM for only one year? Your post alone suggests you dont even want to. Do what you think would make you happier. Money isn't everything and if it is after a new born, you my decide last minute to enjoy that first year with your child. Good luck.

Answer

I wouldn’t. Not just because that’s a huge salary, but because it’s a position you greatly enjoy and may not get again. I make 1/4 of that, but I enjoy where I work and wouldn’t likely get my position back for many years (if ever) if I leave.

Answer

I wouldn't. You've earned it and worked hard for it. There is nothing wrong with being a mother and an achiever.

Answer

I’m confused why you would do that? Like you listed all cons for leaving the job

Answer

Not if you really love the job! It is absolutely possible to balance work and life if you want to

Answer

Your going to get a lot of opinions but what do you think you should do? Stay at home a little while or work at the job you enjoy?

Answer

You’d regret that horribly later on in life. Yes being a sahm is great but the education your child will receive the first year of live at a good daycare with that kind of income is incomparable.

Should I give up $200,000 annual salary for stay at home for one year?

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