Quote:
Originally Posted by JManc
10023 is citing opportunity cost as part of his $1 million claim which may or many not be true depending on your career path(es). If a couple are both highly paid professionals and the mother takes five years off to be a stay at home mom (and she made minimum $100K on her own) to raise a couple of kids, that's a half million right there in opportunity costs in missed wages.
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I’m not even talking about lost earnings for the mother (or father). Just about the fact that $10,000 which I spend this year on child care would be worth close to 3x that in 20 years time if it goes into an investment portfolio.