Reply to What HHI is needed for this lifestyle in the area?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My 67-year-old parents did all of this on a single $225K salary (except for the car – they used to have Toyotas and only now have Audis). Retirement was accomplished by their $225,000 pension, private school was 75% paid for by the job, etc. Home was purchased for $300K but is now $1.5 million. Amazing how much easier things were 30 years ago.[/quote]

$225 was a lot 30 years ago. [/quote]

Yes, it was. Equivalent to $464,400.

So there’s part of your answer. You’ll need more than that unless you also have a fully funded pension, private school paid for by work, SAHP, and drive Toyota’s.[/quote]

Yep. The private scfool being 75 percent paid for suggests the job was imf or something like that. It’s a really rare perk. [/quote]

Yikes! I didn’t mean to out myself on here, but yes the job was at the IMF.

Also, to the poster saying $225K was a lot 30 years ago, that was the ending salary just a couple of years ago. Thirty years ago, the salary would’ve been a lot less than that.[/quote]

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