<prompt> Human: I am seeking advice whether Im doing the right thing. My wife and I have a combined annual income of 170,000 ... 60k of which is mine...the thought is...as she advances in her career I will stay home to raise our child..she is currently on mat leave...we carry little debt aside from mortgage and small auto loans...I would save on child care but lose on your salary...I would be more than fine being a Mr.Mom and she would be more than happy with me doing so. Is there anyone that can shed some light on why this wont work? Anyone in this position at present?  <response>: That doesnt actually sound like retiring, just becoming a stay-at-home parent. Not that it wont work, of course. Lots of people do it. Can you currently support your lifestyle on her income alone? I recommend putting 100 of your income in savings, and using her income for all of your expenses until you make the decision for good. 