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My Fiancé (30M) is convinced he’s going to be a millionaire by 50 and thinks I (33F) should quit my high paying job to start a family now

Anonymous in /c/personal_finance

1022
I am currently at a loss for what to do. <br><br>My fiancé and I have been together for three years now and are planning on getting married this fall. <br><br>We both come from upper middle class families, with mine being very upper and his being on the lower side. <br><br>Growing up, I had pretty much everything I could have wanted. My family lived in a large house with three levels and an indoor swimming pool, and we took several trips around the world. I never really thought of myself as “rich” though because many of the families in my neighborhood had comparable lifestyles. <br><br>While I didn’t have the same amount of growing up, my fiancé also had a comfortable upbringing. He has two siblings and his family lived in a nice 4 bedroom house. They took a couple of trips here and there but they mostly stayed within the country. <br><br>My career: I work as a senior project manager for a large finance firm. I make $200,000 per year and with my student loans and credit cards paid off, I save over 70% of my income each month. <br><br>My fiancé’s career: Works as a data analyst for a smaller company (about 20 employees) in themutex industry. He makes $110,000/yr.<br><br>My fiancé wants us to have as many children as our bodies will allow and I want two. We are currently saving for a house and I would prefer to get that and a few other things sorted before we start a family. <br><br>As I mentioned above, my fiancé is convinced that he will be a millionaire by the time he’s 50. His company is private and he has 0.6% equity in the company. He thinks the company will go public in two years and if/when that happens he thinks the valuation will be for over $200 million. He believes that his 0.6% stake will put him at around $1.2 million. He thinks this stake will continue to increase (he is one of the original employees) and he is certain that he will be millionarie within the next 10 years. <br><br>He wants me to quit my job now because he is certain that we have enough money to support this decision. I disagree and I think that it is imprudent to blindly rely on something that has yet to happen. I also don’t want to give up my career, as I am on track to be in senior leadership in the next 10-15 years. I make 2x what he does and I feel very uncomfortable relying on one person and one source of income. <br><br>He’s saying that if I continue to prioritize my career, I will be giving up my chance to be a full time mother (which he thinks is so important). He said that we cannot afford to hire a nanny and he doesn’t want our kids in daycare, so one of us needs to stay home. He obviously wants to continue working because his career is the one that has the “potential” to set us up for life and he doesn’t want to give that up. <br><br>I don’t know what to do. I am really torn between appeasing my soon to be husband and continuing with my career. I do want to be a mom, but at this point in my life I don’t think it makes sense to start trying. I am also really afraid of failing and ending up in a bad spot. I am not at all confident that this business model will even work, but my fiancé seems to have 100% faith in it, which concerns me. <br><br>I am open to any advice you all have!!

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