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Reply to "Down and Out on $250K/year...."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't get. We make 160K combined. We have a decent house in Vienna, two nice cars, a boat. We pay for preschool, eat out a few times a week, have a decent wardrobe, some nice things. I feel pretty "rich." Can't see how I would be complaining at all at the 250K level. Wow.[/quote] If you are maxing out your retirement, are adequately insured with life and long-term disability, and are contributing the max for college expenses, and have a emergency fund of a years salary, then yes, Wow, you guys are doing great. [/quote] LOL of course a family making $160K per year isn't putting $33,000 per year away for retirement, plus another $7K for college. That's why people who know how much the future will cost don't feel rich, and why very middle income people for the DC region feel rich - taking into account only today's financial needs.[/quote]
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