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[quote=Anonymous]Assume your effective tax rate is 35% all in. That’s 21k take home every month. 7k is a third of that so you’re in decent shape. I assume you’re in a good school district and will be able to use public schools? If so, you get through the preschool years when you’re paying for preschool (and a nanny?) Maintenance on your home will probably be expensive. You’ll have to watch your expenses but unless there’s something you’re not staying here like student loans (which seems doubtful if grandparents are paying for a nanny) I don’t see why you can’t make this work. [/quote]
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