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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
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It will be more difficult than if you go straight from big law or another job. Impossible? No one can say - will depend on your experience and the type of role you're looking for.
In addition to other considerations and what A1 said? I think it will also depend on the market at that time and your practice area.
Chief
The challenge is you’re almost certainly not going to want to go back after 2 years. If you have 1 kid, you may be ready for #2. At age 2, kids are at peak separation anxiety. It would be easier to wait until kindergarten at that point.
Yes.
I worked with someone who did this once and she was so distracted all the time that we regretted hiring her. We ultimately had to demote her into an admin role. I don’t think I’m the only one who has been burned by this situation, so you’ll be forced to confront some (perhaps unfair) opinions when you go to return.
From what I hear, it is not an easy adjustment. If you really want to stay in the workforce, even doing a reduced schedule will look better than leaving completely for several years.
I’m strongly thinking about this. Been in big law six years and want to enjoy my time with my one year old but afraid I won’t be able to find a job if I take 2-3 years off.
Chief
My family has tried all the permutations, and my favorite is us both working PT. It feels sustainable, and no one is overwhelmed with work or child care.
I worked in big law 5 years, stayed at home 6 years, and then through a connection started working part-time/contract in house. After 5 years of doing that I applied for full time jobs and got one. I’m earning less than if I had stayed in the workforce but I feel lucky I was able to get back in.