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Reply to "What HHI is needed for this lifestyle in the area?"
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[quote=Anonymous][quote=Anonymous]We couldn't do it on $600k, but we have to make mandatory capital commitments to DH's fund, we financially support our in-laws, we have to pay a full time nanny and a regular housekeeper since we both work at least 50 hours per week, and we fund 529 plans at $16k per kid per year (2 kids) and we each max out our 401ks. We need $1m+ per year under the circumstances. Looking forward to the day when 529 plans are fully funded as I'm going to "retire" to SAHM as this lifestyle often feels like it's too much. [/quote] So, how much money do you expect your fully funded 529s to contain?[/quote]
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