Reply to s/o--so how did you afford a 2 million dollar home?

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[quote=Anonymous][quote=Anonymous]I am the pp you quoted.  According to my husband he made nearly a million last year.  I used to be an associate at a big firm for several years and my DH is govt employee, and we saved $500k in a few years before we had kids so considering he had like 3 more years as an associate before he had kids (likely making $300 base by the end) and another 4 years as a partner at $700-950k/year I'd say the numbers add up quite nicely.  I doubt they have a $3 million mortgage.  I would bet he paid a huge chunk of cash.[/quote]

Here's one thing that doesn't make sense to me: You say your husband was making $300 base at least 4 years ago as an associate.  But current top-end associate salaries in DC (even for firms based in NY) are all less than $300 -- often far less. http://www.infirmation.com/shared/search/payscale-compare.tcl?city=Washington&usps_abbrev=DC Four years ago, those base salaries were even lower.

In my experience, a partner making close to $1 million either has a $4-5 million personal book of business herself (which is not too common), or else is working her ass off as the high level point person for another partner who has a $10-20 million book of high-paying clients (also not too common).  These situations definitely occur, but they're certainly not common.  [/quote]

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