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Money and Finances
Reply to "What HHI is needed for this lifestyle in the area?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok I'll play Say it's $600k net: $300k Mortgage $85k Cars $24k Private for 2: $100k Vacation: $25k 401k $20k Living expenses: $100k College savings: $25k Savings $21k $1m would allow for more travel and savings and maybe a second home. [/quote]If you are used to paying private tuition out of pocket, you don’t have to save as much for college as you can pay a good chunk out of pocket too. [/quote] Except if you are making that much money, maybe you don't want to be still working by the time the kids are in college. It doesn't seem very smart to pay for private and not save for college counting on high income in the future.[/quote]
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