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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Only read the first few posts, not the rest of the pages, but OP, you are behind on both retirement and college savings.  Where has your money been going?!

We have only ever made $250k HHI max, and yet we have saved over $2 mil. in retirement, and another $1 mil. of home equity and other investments, which include about $300k combined in 529s for two kids in middle school.  This is even with paying off about $80k in student loans and no family help.

The good news for you is that your income is so high, you should be able to cash flow tuition every year if your kids go to an in state school.[/quote]

I'm the OP. Some of these posts are so perplexingly nasty. "Where has your money been going?" I don't know if you're asking smugly or rhetorically or what. This particular poster also doesn't offer any useful tips as to how they save, where, etc. It's just another screechy "You're so behind!" post that is so gross and self-congratulatory. Ick.

Let's see: We only began making this much two years ago.

We paid for day care and tutoring and advocates for a child with learning issues.

My DH had sizable loans from grad school.

I work for myself and pay my own taxes.

I had a parent with a life-limiting illness, so we actually also live in the moment with experiences, restaurants, and some trips. Nothing ostentatious, but we don't take car trips once a year to cram into grandma's spare bedroom.

[/quote]

OP, you asked how other people do it.  They save!  The point is to show it's possible that even people with lower incomes than you have been able to save much more.  The implication being that you may be overspending in other areas if you really want to prioritize funding college as your goal.

So okay, you have had circumstances which have taken a bite out of what you otherwise might have saved.  But you are now making a healthy income that should be more than adequate.  You are much more fortunate than other families making half of what you make. There should not be a problem here.[/quote]

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