Should I retire at 34 with $430K in properties?

May 25, 2024 | 04:08 pm PT
Should I retire at 34 with $430K in properties?
Many stay-at-home moms have side jobs to earn extra income. Illustration photo by Pexels
I own real estate worth a combined VND11 billion (US$432,000) and am considering leaving my job, which pays VND15 million monthly, to become a stay-at-home mom.

I am a 34-year-old office worker with a monthly salary of about VND15 million. I also run a business that brings me an additional VND10-30 million per month. Meanwhile, my husband is a lecturer. He also works a side job earning more than VND30 million monthly.

Regarding our current assets, besides the house my husband and I are living in, which is worth about VND5 billion, we also have a vacant land plot worth VND3 billion and another one worth over VND3 billion that we are renting out for VND3 million per month.

My husband and I are quite busy and therefore do not have much time for our children. We have a two-year-old and a six-year-old. My husband often has to come home very late, at around 8-9 p.m., so I have to hire someone to take our eldest child home from school every day.

By 4 p.m., both of our children would already be home, but we would not be. Soon, our second child will also go to school and need to be picked up every day. This is something that worries me a lot, as we are not around to take care of them.

Both sides of our family are far away, so we can hardly ask relatives to help with childcare. I plan when our second child starts school next year, I will retire to stay at home, focusing on picking up, caring for, and educating our two children. Of course, while at home, I can still maintain my side business.

However, I am worried because I do not have any large passive income source and my business is not a stable one. Furthermore, I do not want to depend on my husband's income because it is not money that I personally make.

Moreover, I am still young, so I am afraid that staying at home for a long time with little social interaction may make me feel suffocated, leading to psychological problems.

Given my circumstances and conditions, should I quit my job and be a full-time mother, or continue to give up my maternal responsibilities to maintain my career and current income?

Reader Huyen Trang

*This opinion was translated into English by AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.

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