While it's common these days for both adults in a family to be working, the stay-at-home parent is in no danger of becoming extinct.

Indeed, some 5 million mothers stayed at home in 2010, according to the U.S. Census Bureau. And the number of fathers manning the home front while their wives worked was about 176,000, nearly triple the total in 1995, when the bureau first starting tracking stay-at-home dads. The jump was attributed in large part to the financial crisis and resulting recession, as many laid-off men either could not find work or chose to remain home to save money on child-care costs.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access