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Reply to "$500k is middle class in DC now"
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[quote=Anonymous][quote=Anonymous]USC cost of attendance recently hit $90k, and other colleges aren’t far behind. If you have 3 kids you need to save at minimum $1M in 529s for undergrad. $90,000 x 3 kids x 4 years. Daycare is at minimum $3k/month, so $36k per year per kid of daycare. A house in a good school district is $2M at minimum. And so on. [/quote] Being UMC or UC doesn't mean you can afford everything you want. I grew up actually MC and my parents weren't able to save the full cost of college, we didn't have a house in the best school district, we drove our cars into the ground, we didn't take international vacations or even vacations that required a plane trip. If you think you're middle class on a half a million dollars a year, you're living in an absurd bubble. [/quote]
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