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Reply to "What HHI to feel comfortable with a family in a close-in city like Bethesda/Arlington/McLean?"
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[quote=Anonymous]We feel comfortable at about $1m HHI. It allows us a nice but not crazy home with a 3-car garage, separate rooms for all the kids, a good school district, and a nice backyard. We can afford to max out retirement accounts, $19,000 per child per year into 529 accounts, help out one of our parents, and save a little in a brokerage account. We take two vacations a year, drive decent cars, and don't stress over the little things. We are not rich, though, meaning we don't have a second home, fly first class, buy designer clothes, send our kids to private school, or go on international vacations every year. [/quote]
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