New parents may find it challenging to balance work with caring for a newborn, even with a nanny. The newborn phase is fleeting, making early retirement or a sabbatical appealing to enjoy milestones. If a new parent has a strong financial position, like $2 million in net worth, taking a break from work could be a wise decision. This allows for quality family time while maintaining investment growth. However, a strategy for returning to work later is essential to prevent prolonged financial setbacks.
Spending hours at work while having a newborn at home, even with nanny support, can be challenging. Many new parents may choose to focus on family instead.
Considering a sabbatical can be beneficial for new parents, especially if finances allow for a break to enjoy milestones without work stress.
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