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Reply to "What is your HHI and how much do you save?"
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[quote=Anonymous]44 and 41. Currently earn 420k hhi, but that's recent, and we both started earning late because we got professional degrees after working inconsequential jobs for a few years out of college. It's also unlikely to get much higher since we are both close to topped out in our current jobs. We max our 401ks, so with match, about 60k per year. We also do 1 backdoor Roth per year, and currently an additional 1k per month into brokerage. So about 78k per year before 529s. We have 3 kids, 10, 7 and 1. We put 3k per month total (not each-and biased to the older child) into those. Although it seems like we save a decent amount, all account balances are very modest because we only started saving this much recently. So in total we save about 115k per year? Would like to do more but both older kids are in parochial, and the littlest has a nanny. It's crazy how numbers that should look good on paper feel very insufficient in real life. [/quote]
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