Hi,
Crikey this is hard work- I took some time to figure out the precise(?) costs of two households compared with one and the figures are rather different from my ballpark assumptions !
My monthly income is 6K and my wife is increasing her hours regardless so she will make £1000 month.
Her new expenses would be £1908 and mine would be £3178.
I think that includes about everything
I have included the cost of a new 250K interest only mortgage (£1000).
(I get A CSA figure of £1207 per month on direct.gov but I haven''t applied it)
So the assets are again 660K & + my pension is about 45 gross and lump sum of 27K
Sorry my initial figures were so rubbish!
Thanks,
Ticko ,50y vs Wife 43y
The husband should pay the wife maintenance of £2322
Maintenance calculation based on household/childcare data:
The wife has been allocated the following:
- basic (incl childcare) needs £1279
- shared contribution £1155
- share of excess income £595
A total budget allocated of £3029
The husband has been allocated the following:
- basic (incl childcare) needs £1031
- shared contribution £1155
- share of excess income £1785
A total budget allocated of £3971
The husband should pay the wife maintenance of £2029
edited by CM to remove wife''s name