Reply to Your income, HHI, and spending on “luxuries”

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[quote=Anonymous]HHI $500K
Clothing from Jcrew level stores, on super sale.  Maybe once a year I'll buy a dress for something like $200 (on sale) at Bloomingdales or similar.  Expensive clothing just looks so much better now that I'm almost 50. 
I can't do Old Navy anymore (at this age).

No money spent on jewelry or other luxuries. Drive crappy cars, fly coach, furniture is ratty.  No household or yard help.

We have a beach house (bought for $330K years ago) and we have 2 kids in private high schools.  There are our luxuries.  I wouldn't do the schools again but what's done is done.  Actually I wouldn't do the private for one kid--she would have soared anywhere.  For the other kid it's been a fantastic fit and has turned a fairly apathetic teen boy into someone excited about school and the world around him.

But basically we live a typical American $150K lifestyle on $500K (with the luxuries of a beach house and private schools). I say $150K because that used to be our income and our lives have not changed much from this point (aside for the second house and private school).

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