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Reply to "What HHI is needed for this lifestyle in the area?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]1.5 mil house in a desirable zip code Private school for 2 kids 2 cars, one should be luxury: think bmv or Audi 1 internal trip per year; skiing trip in the winter for the whole family Fully funded 401k and IRAs Fully funded college funds for the kids 1 mil? [/quote] Naw. This is us, to a T. House is 1.7M 2 kids both private 2 cars, one a porche, one a Toyota Christmas trip is to Aspen every year $15K Max 401Ks Fully funded college hard to say, but $200K in each and the kids are 6 and 8. We did it on $400K with difficulty and by the time we got to $600K with room to spare. [/quote] How did you save up for the downpayments for your home?[/quote] Did you *pay* $1.7M for the house, or did you roll over equity from an appreciating house? And what is tuition?[/quote]
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