))
297. The Stay-at-Home Equation: Financial Aspects of Leaving the Workforce
Manage episode 499531119 series 3322284
In this episode of the A Wiser Retirement® Podcast, we explore the financial and emotional realities of stepping away from the workforce to become a stay-at-home parent. Whether you're considering staying home temporarily or long-term, it's a decision that deserves careful financial planning. From budgeting for a single income and understanding the trade-offs in retirement savings, to evaluating insurance needs and career impact, we break down what families need to consider to make the best choice for their future, both financially and personally.
Related Podcast Episodes:
- Ep 274: Buying a Home in the Best School District: What You Need to Know
Related YouTube Videos:
- Why Every Parent Should Consider a Roth IRA for Their Child
- Greenlight Debit Card 2024 Honest Review
Learn More:
- About Wiser Wealth Management
- Schedule a Complimentary Consultation: Discover how we can help you achieve financial freedom.
- Access Our Free Guides: Gain valuable insights on building a financial legacy, the importance of a financial advisor for business owners, post-divorce financial planning, and more!
Stay Connected:
- Social Media: Facebook | Instagram | LinkedIn | Twitter
- A Wiser Retirement® YouTube Channel
This podcast was produced by Wiser Wealth Management. Thanks for listening!
Chapters
1. The Stay-at-Home Parent Equation (00:00:00)
2. Current Trends and Immediate Trade-offs (00:02:43)
3. Retirement Impact and Hidden Expenses (00:08:58)
4. Insurance Needs for Single-Income Families (00:17:20)
5. Finding Balance and Planning for Uncertainty (00:21:52)
6. Making Informed Decisions and Next Steps (00:24:33)
308 episodes
Share
