Even though ideals in favor of gender equality in the private sphere are wide spread, discrepancies between ideals and actual behavior are common. Such discrepancies and potential dissatisfaction with gender unequal behavior within a couple are expected to influence partnership dynamics negatively. This study examines how discrepancies between the perceived ideal sharing of parental leave and the actual division of leave, as well as satisfaction with the division are associated with (a) relationship satisfaction, (b) continued childbearing, and (c) union dissolution, using Swedish panel data. The findings cannot confirm an effect of discrepancies on partnership dynamics. However, men who wish they had used a larger share of the parental leave have lower relationship satisfaction, lower continued childbearing, and higher probability of union dissolution. Women are seemingly not affected by their (dis)satisfaction with the division. The findings may reflect a changing father role related to the policy setting and norms in Sweden.