<prompt> Human: Sorry to submit from a throwaway, but I cannot risk any exposure as discretion in our occupational life is critical. And the post below is not a way to brag or troll pf. Please understand that everybodys situation is relative. I absolutely respect everyones struggles, and I have been there years back.My wife and I are in our early 40s, and we each earn about 250k. She earns slightly more than I do, but she absolutely hates her job. She has been thinking about staying home with out children for years. Here is our financial breakdown. Net worth around 900k. 270k in liquid assets the rest is locked up in home equity and retirement accounts. Debts include mortgage at 340k. NO OTHER DEBT! Only other expense is private school tuition for kids at 24k for both combined per year.Why is our net worth so low when our income is so high? Weve only been earning at this level for a couple of years. Here is my question:Ive seriously thought about paying off the mortgage if my wife quits her job and stays at home. We would have the piece of mind that a debt free life would bring us. Ive discussed this plan with two financial planners one is paid hourly and not on commission for trades. Both advisors stated that our mortgage interest rate of 4.25 suggests that we should continue paying our monthly note 2800 and keep our liquid assets invested.I could really use the collective wisdom of the internet. If mama aint happy, aint nobody happy...Thank you so much in advance.  <response>: Ive seriously thought about paying off the mortgage if my wife quits her job and stays at homeWhy wait? Just direct 100 of her current income to the mortgage payment. That way youll know what its like to live with no mortgage payment and no second income. If you cant make that work for 2 years, then youre not in a position where she can retire. If you can make that work, then youll have a house thats paid off.I hope you both understand that if she quits this job and youve only been earning like this for a short while, shes extremely unlikely to ever find work like this again. You need to be 100 certain and extraordinarily smart before she quits, because quitting is very likely to seriously hurt her human capital value. 