Hammer, best wishes on your planning. Great area, Point Loma/Sunset Cliffs is.
From experience, watch out what you lock yourself into: after our second child, my attorney wife said, “I want to stay home with the kids.” What a great decision it turned out to be. However, it did rather change the financial plan!
Life was much better and less hectic with my wife running the household and me bringing in the money. The kiddies got much better care — there is no better caregiver than a mother. Sure, we had to turn down the spending, but we could not be happier with how things have worked out.