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by itake
336 days ago
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Alimony is temporary and fixed, whereas careers are not only life-long, but have compounding growth. There is a significant financial gap between a divorced woman in her 50s with only five years of alimony remaining and a career woman in her 50s with a $400,000 401(k) balance. |
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As for a stay at home mom who doesn’t get divorced, she doesn’t need to be entirely stay at home for all 18 years.. kids go to school at 5 and can go to after school programs if necessary while she works. A couple years before that if the kids are in pre school she could get a degree or masters degree or work part time. So the career gap could be minimized.