Quote:
Originally Posted by Unregistered
As we led a comfortable life with money left over for savings, we felt she could continue to be a housewife if she so chose to be when we got back.
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Oh okay sorry for the misunderstanding. Got it now.
But your "income" when you were posted overseas, included the allowance, which would cease upon return. What made the both of you feel that without the allowance, it would be the same as when you had it?
Do you mind revealing what is the amount of your annual salary that you are comfortable with if/when you hit it, for your household to be single income and your wife to stop work?
Also, how do you get a passive income of 120k a year? That is totally out of the world for me! Wow. Even with a capital of $1 million in cash, you'll need a 10% profit to generate that type of passive income. I could never understand how anybody could make so much in passive income, it takes way too much effort and brain power to monitor and stress about, and actually takes away the bandwidth of energy that is needed for main career. My husband has always focused solely on his career as the main income generator.