rainbowtrout
Ideal_Rock
- Joined
- Dec 2, 2005
- Messages
- 2,105
So here''s the lowdown. Since I got into graduate school I''ve been speaking to my profs about their experiances with trying to raise a family and get tenure/be successful when the primary caregiver. The overwhelming majority suggest I a) have children while writing my dissertation or b) after I get tenure.
Now, I could be easily in my late thirties by the time I get tenure, and I''m already likely to have major complications just from some preexisting factors. So I''d rather not go that route.
If we''re doing this in three- four years, I felt like we needed to take a financial reality check. He''ll be in medical school (on loans, etc) and I''ll be on a shoestring stiped that is adaquate for food, health insurance, and minimum housing.
He really has been the one to push for children (I want them but am more ambivalent) and was such a doll about not freaking out when I laid this on the table.
His suggestion: he is planning on working the next 2 ys anyway. If he gets a job consulting he could realistically stock away 10k a year. Including what we have, this would put us with about 40k in savings, plus whatever I manage to earn in summers, to use on the baby until he gets out of medical school/I get out of grad school about 1-2 ys later and we start making a real income (no, not a huge one--but income).
My health insurance is taken care of by my fellowship for the next five years; but we would have to pay for a baby''s and his is not covered under my plan. I''ll have some student loan debt but not a great deal; he''ll have a lot from med school. My mother offered to move to new york for the first two or three years to help out and babysit, so childcare is taken care of.
People who have kids, is this totally unrealistic? Am I worrying to much about this now? I thought that we should have at least a provisional plan and then if we decide not to do it, great--we have a nice nugget of savings.
Thanks! I am trying to get some basic info about this so we can plan it if we are, and relax a little if we aren''t.
Now, I could be easily in my late thirties by the time I get tenure, and I''m already likely to have major complications just from some preexisting factors. So I''d rather not go that route.
If we''re doing this in three- four years, I felt like we needed to take a financial reality check. He''ll be in medical school (on loans, etc) and I''ll be on a shoestring stiped that is adaquate for food, health insurance, and minimum housing.
He really has been the one to push for children (I want them but am more ambivalent) and was such a doll about not freaking out when I laid this on the table.
His suggestion: he is planning on working the next 2 ys anyway. If he gets a job consulting he could realistically stock away 10k a year. Including what we have, this would put us with about 40k in savings, plus whatever I manage to earn in summers, to use on the baby until he gets out of medical school/I get out of grad school about 1-2 ys later and we start making a real income (no, not a huge one--but income).
My health insurance is taken care of by my fellowship for the next five years; but we would have to pay for a baby''s and his is not covered under my plan. I''ll have some student loan debt but not a great deal; he''ll have a lot from med school. My mother offered to move to new york for the first two or three years to help out and babysit, so childcare is taken care of.
People who have kids, is this totally unrealistic? Am I worrying to much about this now? I thought that we should have at least a provisional plan and then if we decide not to do it, great--we have a nice nugget of savings.
Thanks! I am trying to get some basic info about this so we can plan it if we are, and relax a little if we aren''t.