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Reply to "Challenge - Design a budget for 120 K HHI"
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[quote=Anonymous]Both parents teachers. HS - Math and Science - so in demand. Can move to any school district to teach, based on benefits, decent schools for our kids and housing (also, opportunities to tutor is also a consideration ). School breaks and summer is covered. MCPS benefits. 403 (minuscule contribution only). 120 K is take home, but need to contribute more for retirement and college from it. Home ownership is a dream that can be deferred. Renting now. Nothing saved for down payment. Right now working to save at least 3 month salary. College and retirement takes priority. Looking for 4 years of undergrad and 2 years of Masters for kids(at least!). State school more than ok. 1 Corolla, 1 Prius. Opposite sex kids. ( No more kids though!) [/quote]
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