‘I grew up poor’: My wife and I have a $1.2 million real-estate portfolio and $250,000 invested in stocks. Are we financially secure enough to start a family?

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'At times it feels like we are behind in building wealth for our future generations, as well as creating the next generation.'

Dear Quentin, My wife and I have been married for 12 years, and have not started a family yet, with the exception to our two Labradors. We both are in finance, and have several years of technical experience in our professions.

I am beginning to experience work fatigue, and don’t think I want to sustain the mental drain furthermore. We want to start a family and thought planning this stage of our life would be easier, but now, at times it feels like we are behind in building wealth for our future generations, as well as creating the next generation.

I have more good news, and bad news: If you have work fatigue today, brace yourself for a rollercoaster of a ride if/when you decide to start a family, and sleepless nights in those early years. But like most jobs, if you really enjoy it, and you’re getting as much from the job as you put into it, you will hopefully sleep as long as your young child does.

“Other parents may decide to make trade-offs, whether that means having fewer children, moving to less expensive areas, or working longer hours,” Brookings added. “Prospective parents are faced with these tradeoffs in part because, unlike other advanced nations, the U.S. provides far less assistance in the form of child allowances, child care, pre-K, and paid family leave.”

We are all products of our childhoods. You grew up poor, and may have a residual fear of losing what you have. While it’s never a good idea to make investment decisions — buying or selling — out of fear, it’s also not the best idea to forego having a family due to the same feelings of financial insecurity. Even if you won the lottery, that unease would sooner or later be replaced by something else.

 

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Some people will never be 'ready' to be parents. This guy will never think he has enough money. He needs counseling.

I’m Jeff Bezos and I own some Amazon stock worth billions, can I afford to take my gf out on a fancy dinner date?

How out of touch…and that’s saying something since I fall for MarketWatch clickbait all the time. $1.2MM in real estate and $250k invested puts this couple in the top 5% of Americans. 😡 How insulting to anyone not in NYC or CA. Have your baby! We all do it with far far less.

I have $12B in investments and own the country of Zambia. Am I financially secure enough to buy an iPhone?

depends where you live, in new york LA seattle miami ect not really 2 million would be safer but, while you wait the illegals will have 3 kids on medical and welfare so theirs that. the great replacement

Rich people are bad people

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