I recently become a father and I'm aiming to take some months of parental leave at least. Of the 480 days of paid leave you get in Sweden, goverment insurance give you up to around 3000USD a month for the first 390 days of Leave. My employeer then offer a benefit to cover the rest so that I get 90% of my usual salary, which is pretty common.

A key here is that one does not need to take all days at once. You can choose to work half time etc. for some years if you prefer and use half-days of parental Leave, making them last twice as long.

It's also pretty common to save days to use them in conjunction with vacation each year up to the child reach 12 years of age (100 days can be save after child reacheas 4 years of age).

This means you can extend the vacation from 1 months to 2-3 months a year instead and the the full summer to hang out with your kid. Very nice.

Both parents are even allowed to be on parental leave simultaneously for 1 months in case you want to go on a longer trip together.