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[quote=Anonymous]$350k - 25% for federal and DC taxes = 262.5k Subtract $17.5k for 401k and $5k for a spousal IRA = $240k Subtract $500/mo for each of 2 kids for a 529 = $228 Insurance might be another $400/mo = 223.2 Maybe he also contributes 10% to an ESPP - although my company caps out at $15k/yr = $208.2 - 188.2 Agreed - something' doesn't add up even if their 529 and insurance costs are higher. [/quote]
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