Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "S/O American Dream. Would $500-750k HHI be enough for this lifestyle?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]As an example, our HHI is usually between $800k-1M depending on the year. We’ve been at this income for the past ~5 years so have good savings. Some reality checks for you OP: -The house you want probably is closer to $2M. Even with a good down payment of 25-30%, expect a mortgage close to $8k/month. -With that HHI probably comes demanding jobs. You’ll need to outsource a lot to have the leisure time you desire. We have two young kids in daycare plus an au pair for backup. Au pair is also nice if you want to relax the slightest bit on vacation. We spend roughly $100k/year on childcare. Outsourcing home to dos (weekly cleaning, laundry, yard, handyman) probably runs us $1k/month. -We really don’t worry about money and pay cash for everything - cars, home renovations, etc. With that said, I don’t think we could swing the vacations you described and comfortably afford what I described above. Good luck! [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
