Good information. Regarding the children and a SAHP, my wife and I are relatively similar.
We have a 2 year old
We have another baby due September/October.
My wife and I have been together about 12 years, and she’s never really worked. I’ve always traveled to new states for jobs and she’s come with. When we got married and eventually started to have kids, we already had the benefit of never having her with an income/something to rely on. This made the stay at home choice easy for us. Regarding the money portion, that’s where the situations would differ.
That aside, being a SAHP is hard work. It doesn’t matter how drained you are. If your kid doesn’t want to nap, you’re not getting a break during the day. Maybe they’ll watch Miss Rachel for a bit while you do dishes & laundry.
With the hard work, I believe, comes even more fulfillment. I was working 55-60 hr weeks when my daughter was born. Stress was well over the top of what was healthy. I was fortunate enough that Jan 2023 we were able to take our first big downshift and I moved to a 40 hr/wk position with 3 days/wk remote. With my remote work (as OP’s wife apparently has), it’s amazing for the working parent to still have some social interaction with their children during the day. When they wake up, lunch, miscellaneous times during the day, etc.
I’d say if you can make it work financially, and your wife has a secure position she can tolerate (and supports the SAHD effort), jump all over it!
My wife has made friends with a ton of other SAHM’s through our local library for the kids events. They do activities several times a week together. Tuesday was the zoo, yesterday was the library, and today they are meeting up at an indoor kids gym. The socialization is beyond important for kids at that age, and it takes a lot of engagement for SAHP’s to find that interaction. For kids in daycare, it happens naturally.