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Money and Finances
Reply to "Middle class professionals: tell me about your finances"
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[quote=Anonymous]HHI of about 240k but that is about to take substantial hit when I switch jobs; we should land at about 180 or so (but I'll have my nights and weekends back - yay!) combined student loan debt of about 70k. combined retirement accounts of nearly 500k (mainly from our pre-kid days). About 50k in other investments. We just sold our house in DC and are sitting on about 250 in cash while we rent and decide where to buy. Current thinking is that we will put 125 towards a new house (in our much cheaper new location), 50k each in 529 accounts for 2 preschoolers, and keep 25k as emergency fund. alternative possibility is to pay off the student loans and put less in 529 accounts. Interest rate is so low that it seems silly but I am reluctant to keep carrying student loan debt.[/quote]
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