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Re:  Well said, Chris.
Old 06-03-2004, 08:53 AM   #41
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Re:  Well said, Chris.

I never had any complaints about childcare while I was working 60-hour weeks. Or while I was deployed to the Western Pacific. I had a lot of other complaints, but not about childcare.

Staying at home with the kids is also nice, if you're the kind of person who likes to be home with the kids and if you're capable of doing a conscientious job. I've seen families whose kids should've been nominated for 24-hour childcare until their "parents" completed requalification & proficiency training.

It is nice to be ER'd and always available as my kid enters the "danger years" of middle/high school. (I'm sure my kid just gives peer-pressure lip service to a somewhat diametrically different opinion while secretly enjoying my constant presence.) No doubt things will improve once the neighborhood kids are all driving & dating each other...

John, I haven't decided IF I'm going to grow up yet, let alone when or what I'm going to be!

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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 11:58 AM   #42
 
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Re: BOOMERS = MARKET CRASH?

Childcare is an interesting topic for me at this point of my life. At age 34 and wife 31 we're both planning to have children and purchase a home in the same year. Not too easy in north jersey.

In my situation, I earn a bit more than the typical household by myself. My wife make two and half times as much as me, though, which is good if you can get it... :P

I've offered to stay home an take care of the kids as my wife continues to work, but she has refused this option. If anyone is going to be home to take care of the kids, it's going to be her, apparantly. I'm getting the feeling she either don't trust me or doesn't feel a man's place is in the home.

So the likely solution seems to be childcare, as my wife is my gravytrain to ER, so she's definitely not going to stop working anytime soon. 8)
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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 01:20 PM   #43
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Re: BOOMERS = MARKET CRASH?

Theo:

I hope for the rest of us, and for your potential children, you'll reconsider your decision to have children. (At least in your case).
You mentioned that your wife is your ticket to ER, and that I "guess that means child care, as your wife is not going to quit working just because she has children.
You are obviously not mature enough to handle the very real responsibility of bringing children into the world.
I hope for your wife and your childrens sake that she reconsiders the situation until you grow up.
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toRe: BOOMERS = MARKET CRASH?
Old 06-03-2004, 01:49 PM   #44
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toRe: BOOMERS = MARKET CRASH?

GDER:

Your post brought a smile to my face. You can be justifiably proud of what you have accomplished for your wife and children.
Please check out my recent post to "Theo" regarding the 180 degree opposite of your situation.
The older I get, the less patience I have with self-centered attitudes. (With the exception of TH, because he makes me laugh).
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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 02:31 PM   #45
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Re: BOOMERS = MARKET CRASH?

Wow, this topic really brings out the best in people :-/

Perversely, I enjoy getting my head chewed off occasionally, so here's some bait:

Kids are amazingly robust. I seriously doubt that a little dose of adversity is bad for kids, and daycare doesn't strike me as the worst thing that can happen to a kid.

I assume that the people here who are smart enough to retire early (or smart enough to aspire to retire early) are also smart enough to raise good kids. There may be people who deserve to be counseled against having kids, but I seriously doubt any of them post here.
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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 02:52 PM   #46
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Re: BOOMERS = MARKET CRASH?

Quote:
I assume that the people here who are smart enough to retire early (or smart enough to aspire to retire early) are also smart enough to raise good kids.
If you can pile up enough to FIRE, affluenza can also be a problem.
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Re:  Rich & unhappy?  Write a book.
Old 06-03-2004, 03:32 PM   #47
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Re:  Rich & unhappy?  Write a book.

Sorry, Jarhead, I'm with Wab on this one. I wouldn't give too much credibility to the carefully-laid plans of those who aren't parents yet, though, since the reality of night feedings and fussy babies has yet to smack them upside their heads. Kids have a way of completely realigning our priorities, probably making us into better people, and at-home spouses earn far more than money. I wouldn't begrudge anyone the opportunity to become a good parent, however they decide to do it. Kids don't know what they're "missing" and they grow up just fine despite of our attempts to raise them.

Our kid, a childcare veteran since the age of six weeks, dealt with most of life's viruses & communicable diseases before starting elementary school. This opportunity is hard to come by when you're raised at home. The kid hasn't missed a schoolday yet and is proud of a perfect attendance record. My comments about needing to cut school to spend more time surfing with Dad are met with shocked indignation.

I'm currently plowing through "Navigating the Dark Side of Wealth" by Thayer Cheatham Willis, heir to the Georgia-Pacific Company founders. A little too spiritual & too much psychobabble, but plenty of scary stories of very business/money-smart people who apparently neglected to teach their kids about same.

My favorite was the young heiress who stormed out of the house to make her own way (despite Dad's threats to "cut her off") and worked four jobs to make ends meet. Next year she collected up her W-2s, learned how to do her taxes (her first time), and sent the return to the IRS. Unbeknownst to her, the family CPA had also sent in "her" tax return reflecting her K-1 trust income that Dad was "holding". Of course the IRS immediately (& gleefully) audited the entire family and the legal costs rose into the thousands. Dad learned his lesson; he & daughter arrived at a reconciliation shortly afterward.

"Affluenza" (by John De Graaf, David Wann and Thomas H. Naylor) is next on my list. Anyone read it yet? Clearly the best thing we can do for our kids is to educate them on how to make their own money, let them earn their own independent fortunes, and then make sure there's nothing left of ours to inherit.
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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 04:30 PM   #48
 
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Re: BOOMERS = MARKET CRASH?

Boy some people!!

Well I may have had a little fun, but I fail to see where I have been immature. my wife being my ticket to ER was intended as a joke for those suffering from a humor deficiency.

In any case, my wife grew up with a stay at home mom and both her parents beat her mercilessly until she was in her mid-teens (for what it's worth she says she deserved it) ... My mother stayed home till I was five or so and my father was always home since he was a college professor and had flexible work hours.

I don't think I'm much better off than my wife, despite not getting the daily beatdown, and think perhaps we both just might have been better off in child care ourselves.

More joking. In any case, our day care may turn out to be my mother-in-law. Not sure how I feel about that at this point, but she seems to have mellowed.
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Re: BOOMERS = MARKET CRASH?
Old 06-03-2004, 05:27 PM   #49
 
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Re: BOOMERS = MARKET CRASH?

Hello GDER! Just today I signed and mailed the
income tax return for my little holding company.
This is a leftover from my working life and will likely
outlive me. Anyway, as I was reviewing the return
it came to me that I might be able to sell the company
if I could find the right buyer. I quickly rejected that
idea though as I kind of enjoy putzing with it (kind of
like unclemick and his hobby stocks). It's doing well
and I have fun with it. It's a win-win deal.
Otherwise, I agree with you about working, i.e.
"Just say no!"

John Galt
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