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Reply to "200k HHI is just getting by Six-Figure Salary No Longer Means You're Rich 5k leftover see this chart"
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[quote=Anonymous][quote=Anonymous]We make 320K and our net is 14k per month, so not sure how you save 12k per month? Can you post a budget please?[/quote] Read the comments on the rest of the thread. I'm pretty sure you're the one who has grossly undercounted your net income. Your calculation of net income probably deducts for substantial retirement savings, tax free health insurance and flexible savings account for child care, group life insurance, and overpayment to the IRS (do you get a refund?). Most median income earners don't. Some employers pay for those benefits. Plus, your mortgage generates a substantial tax deduction as does your property tax bill as you build equity. Renters and standard deduction filers don't. [/quote]
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