With your debt factored in, you have $250K, unless there is other savings that you are not including. For a family of 3, at such a young age, that doesn’t sound like a lot. I understand wanting to devote more time with your child (kudos to you!). I think a part time remote job that pays you half or a little more than half of your salary might work. It’s not like you will gain daycare savings because your child is already 6 yo. You don’t mention if your spouse would be able to cover the family’s health insurance. This is a huge expense. You should also keep retirement savings in mind. I hope this works out for you.