Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "$300K+ income households, how much are you saving per year?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Not enough. We reached 320k this past summer (salaries, we won’t get bonuses), 2 kids 8 and 10 year old, we are early 40s. PITI 2500$. We are very lucky and our 529s have been fully funded by grandparents’ donations. And with all that we: - Max out our 401k and Roth 401 = 44k a year. I also contribute 15% of my net to pension fund = 22k - pay out a 35k car (700$ a month) - invest in a rental apartment that is being built (20k a year) - have an emergency fund of 40k (jobs pretty secure) Writing this down I realize how pathetic it is.. with fully funded 529 and no more daycare bills we should be saving more than our retirement and that small investment property. We travel a lot, kids do tons of activities and tutoring, we have recently gone a bit into lifestyle creep with fancy home gym equipments, ski lessons, home remodel etc.. Time to redo our budget and set better goals ![/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
