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by christinamltn 2014 days ago
100% plus future losses that could be attributed to loss of career progression during those years. I’ve known people who paid nearly 100% of their salary to childcare after tax but determined it would be countered by future raises and leave them in a better position long-term.
1 comments

Future losses are included in the 100%. My assumption is 100% of lifetime salary. One can easily blow past that with a large family.

There is probably an unspeakable truth behind the people you've known who pay nearly 100% of their salary to childcare. Not every parent really likes their children. Getting away from them might be a bonus, even if it can't be admitted.