Should my husband take redundancy?

[birthdaychick]

Hubby has the option of voluntary redundancy, he would get about £20K. He plans to take a year out, be a SAHD (whilst I work full time) and then look for something locally (at the moment commutes one hour each way). I think it's a great idea in one way, he loves being with the kids, they adore spending time with him, I would get to focus on my job for 12 months (love my job, am happy working mum). Only thing worrying me is how hard will it be for him to get another job in 12 months? It's hard enough now, is it really worth giving up a steady, stable job for a year with the kids? Or is life too short not to? In a years time all children will be at school, we'll never get this time back? What do you think?

Anyone?

Doesn't sound like a lot of money to give up steady employment, especially if he enjoys his work. How would he / you feel if he were still unemployed in two years or had to return to a lower paying job?

Oh forgot to say, he hates his job, is bored stiff.

What area does he work in? Is it likely that he will be able to get another job in a year's time, given the current economic climate? If he does not get a job, will you be able to manage on your income (given that if he does go back to work, you will presumably need paid childcare then). How would he feel about being a SAHD for longer?

He's in IT. He would love to be a SAHD forever. I don't think I earn enough to pay for him to do that.