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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]in DC area--$300k-450k is a donut hole family.  2 or more kids.  SFHs run you $750k-2 million. COL is very high here.[/quote]
LOL no. SFHs, investments, retirement savings, and OOS college tuitions are luxuries. You have to prioritize and choose, just like all the families who make less or way less.[/quote]

Agree. A family making between 300-450k is not a donut hole family. We make in that range and we’ve saved money for our kids to go to college. One is in college now and the other will be next year.  We won’t have quite enough from our 529 accounts, but we are able to cash flow the rest because we make enough money to do so.  [/quote]

Sure it is. We are in that range now (but were not always). We saved a lot but not enough to pay $65-80K/year. And while we CAN cash flow remaining, that will basically suck up every penny we have--quite literally-- if DC goes private and out of state (and we are also looking in state but acc to most of you on here we cannot and should not consider the Roanokes, Lynchburgs, etc.). And we do not live lavishly. Old cars that were cheap to begin with. No second home. Still in our starter home. Fly to vacation on miles accrued or stay driving distances.

After taxes and other necessities and being sucked dry for every little thing . . . . we are 1 medical emergency away from financial catastrophe. Something we came very near to actually incurring. So, yeah, I know some of you think this is living large at that salary. And maybe elsewhere it is. And it may be better than a lot and afford us a lot of comfort. But it's not rich and most certainly donut hole b/c we will get not once cent in aid. Anywhere. [/quote]

You are literally in the Top 1-5% of people in the USA with 300-400K!  If you were "not always" in that range, then you could have chosen to save as your salary increased.

Fact is, majority in the DCUM area live below 150K and would love to have your problem of "300-400K/year".

Very out of touch with reality[/quote]

I don’t need your permission to know my actual financial situation. Nor do you know mine. That includes paying for my own schooling among other things that makes that salary not extend like you may think. I’m sorry you make less than I do but you have no right to tell me how to save and prioritize certain bills. We have saved for our DC. A lot. But it will not cover many many schools.

And don’t tell me I’m out of touch. I grew up just above the poverty line in the rust belt. I clawed my way out of that and had a late start saving for retirement, buying a home etc. so you can STFU about what you think you know about me. [/quote]
I'm not PP but know enough to say that you make way more money than true "donut hole" families.[/quote]

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