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Money and Finances
Reply to "I don't make $1M a year... but I save about 50-60k a year, is it enough?"
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[quote=Anonymous][quote=Anonymous]it depends - do you have college debt that you are paying off? do you have children and do you want to finance their college? Will you need to pay or private HS for your children in the future? Is your spouse going to work FT through the middle school and high school years? Do you have life insurance and long term disability insurance for yourself and your spouse? [/quote] Op here. We have $2M life insurance. College debt paid off. About $500k in stocks, $500k in the house (equity). But yes I want to pay for most of our 2 kids college. [/quote]
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