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[quote=Anonymous][quote=Anonymous]Our HHI varies but is typically around 700k. FWIW we don’t have a mortgage. Our NW is around 5M excluding our house but including ~ 700k in college funds that we intend to spend. House is probably worth 500k. We have 3 kids who are 14, 12, and 10 and are in our early forties. We don’t live in DC.

We spend between 50-70k in travel so 10% of gross income. I’m not sure if that is too much. Since we don’t have a big mortgage, we feel ok about it. I splurge on nice accommodations (we need at least 2 rooms but prefer more to spread out) and experiences while we’re there. We’re going skiing in CO next week and, in addition to lift tickets, I paid for private snow mobile and dogsledding tours because they seemed like cool experiences that the kids will enjoy and remember. That kind of thing.

Our travel schedule typically follows the same pattern due to school: short ski trip to Vermont over Christmas break, short ski trip to Vermont over MLK, week long ski trip to out west over Feb break, week long trip to Disney or Caribbean over April break, a week in Europe or a national park in July, and a week at an east coast beach in August.

The week long trips are all in the 10-15k range, 20k if it’s a special “splurge” trip. Short ski trips are 5k ish.[/quote]

"[b]House is probably worth 500k.[/b] We have 3 kids who are 14, 12, and 10 . . . [b]We don’t live in DC.[/b]"  You don't say.

Kidding aside, we make about $530k, and this is what we would spend if we didn't have a mortgage payment.  As it is, we spend about $15k.  Our mortgage is ~$50k each year.  [/quote]

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