Reply to High PITI (5k+) only, what are your stats?

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Reply to "High PITI (5k+) only, what are your stats?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We live in HCOL area and have decided to prioritize location/schools and our monthly mortgage is a lot higher than we'd prefer.

Ages: 39, 36
Kids: 5, 3
PITI: $6k
HHI: $475k
Retirement savings: $1.75 million

Our financial advisor tells us we're doing fine but I hate seeing that mortgage payment going out every month. I tell myself it's forced savings...

Curious to see stats for others in our situation.
[/quote]

How are your retirement savings 1.75m at your age and given the market conditions of the past year? Are you referring only to 401ks, or to multiple brokerage accounts? [/quote]

Probably family money or family gave them down payment for house. Such a typical DCUM post. “I have a trust fund and my wife’s parents gave us $500K when we got married. We feel poor because we live above our means, but we can do this because of my trust fund and my in-laws. These are my stats (omits context). What are yours?” [/quote]

+1. This is everyone on money/finance on DCUM. I'd love for there to be a separate thread for the "we got gifts from parents" folks. [/quote]

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