Originally Posted by Unregistered

If your spouse earned $500k pa 10+ years ago, you should have retired anyway. Its quite different from the other guy whose household income drops from $230k to $130k. He's literally going into poverty in some gamble on his children. Many kids who do badly early in school buck up and do well later. Many kids who are pushed too hard resent it and rebel against their parents later, often turning into delinquents.