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Money and Finances
Reply to "Goldman Sachs: 40% of $400-500K and $500K+ households “live paycheck to paycheck”"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We make about $450k. We max out most deductions, have a $4,800 mortgage payment, no daycare or debt and we pay cash for cars and vacations, and I can not fathom paying for a nanny, dual private, country club, and cleaning. When college comes we have savings. No quarterly tax payments (we're regular employees). [/quote] Must be nice to have such a low mortgage [/quote] Two GS-15 Fed on 375K HHI. No mortgage on a 3.5M home in McLean, no car payment on two 2024 Lexus vehicles, 2M in TSP and 4M in investment. I only pay utilities, property tax, home insurance, home maintenance. I am a sucker for guitar and piano. I recently bought a 150K piano and three vintage guitars for 40K each, without breaking a sweat. Still have a lot left over on both paychecks.[/quote] Have you ever had or do you plan to have daycare, school, or college costs?[/quote]
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