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Money and Finances
Reply to "Middle class professionals: tell me about your finances"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are 37/35 and our HHI is close to 400k. We both have student loans, her more so than me, which sucks because I generate more than 3/4 of our income. We have about $250k in home equity, $350k combined in 401k assets, $85k in cash, and about another $100k in other investments. I also have some other liquid collectible stuff, like a vintage Porsche I could sell for probably $125-150k. I agree with the PP that student loans are a gigantic difference. The other difference is my employer (a law firm) has never matched my 401k contributions, which has limited the growth of those accounts. Also, housing here is expensive, and we paid premium to have a decent sized house within close driving distance of downtown. [/quote] Thanks for your input but if you are a 400k HHI please don’t respond as “middle class”[/quote] What is the middle class cut off?[/quote] Not OP, but I would think this thread is targeted towards HHIs around 200K at the high end...definitely not 400K. [/quote]
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