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[quote=Anonymous][quote=Anonymous]The house is on the low end so that's a plus. Is the nanny full time or part time if the kids are in school all day? My guess is that you need about $750k minimum for that: PITI - $60k 2 schools - $100k Nanny - $40k car payments - $25k travel - $25k other life - $150k Total - $400k after tax [/quote] No way higher. DH makes $300k. Our kids go public and our house was purchased for $650k back in 2013. We do save aggressively for college and retirement but we are nowhere close to living the life OP describes. I would say more like $500-600k+. We’d need another 100k post tax for private school for two kids, another $24k post tax to pay for leases on two luxury cars. [/quote]
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