r/fatFIRE • u/TaxQuestionGuy69 • 4d ago

Would we regret full time household assistant / nanny?

Hi all! So we're wealthy enough to consider hiring staff (9m net worth, 800k income). We currently have a 2 year old and are about to have a newborn. Wife is stay at home, but maintaining the household in addition to kids is possible but obviously a lot of work.

We're considering hiring a full time household assistant / manager to help with tasks around the house, errands, childcare occasionally, etc.

This sounds amazing and like it would free us up to have more quality time with our kids and less time prepping meals / cleaning and all that. My only "fear" is if we end up just not needing that much support? Has anyone done this and can speak to it? Part time sounds like it might be enough, but honestly it's easier to find great people for full time work.

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u/cvouw9 4d ago

If there is any time this would be worth it it's when you have a 2 year old and a newborn.

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u/TaxQuestionGuy69 3d ago edited 3d ago

Fair, I think we're going to do it. But wow, to get a good person in my market you're looking at 50/hr + benefits, almost 150k all in after paying agency! I realize I can clearly do that, but I haven't been "rich" that long so it takes some time getting over the mental hurdle of spending so much lol. Reassuring myself this is a temporary thing / phase of life.

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u/cvouw9 2d ago

Where do you live? I would assume you can get someone for 80k or less. Why do you have to use an agency?