Reply to Family budget if your income is around $180-200K

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a HHI between $150k and $180K depending on the annual bonus.  Our budget is based on the $150k.

We donate 5%
We save 10% off the top and whatever is left (5-10% more).

Our Mortgage is low at $900 per month, but we pre-pay $700 and pay our taxes twice a year which equates to ~$700 per month. $2,250 total.

We spend around $1200 per month on food (groceries and eating out).  
We spend around $500 per month on therapies for children, insurance covers some too.  It used to be more, but we have graduated from a few.
Utilities are around $500 per month (water, sewer, electricity, gas, phone....)
Cars: gas and maintenance is around $300 per month and growing as our cars are aging.  We may be adding a new car soon.  I expect this to grow to $500 per month soon.

We have ~$1.5 million in 401ks/IRAs which will help supplement the pension
We have ~$250k in college savings (DCs are teens)
We have $70k in cash reserves

[/quote]

Wow. I am seriously impressed. [/quote]
Me too.
The low mortgage payment helps of course but you have an incredible savings balance.  Well done.[/quote]

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