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Reply to "$170k HHI for family of 4?"
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[quote=Anonymous]We live on a combined HHI $160K with family of 3. We are in our 50s; paid off our mortgage 2 years ago. I'm still maxing out my 401K ( TSP) and save about $1000 after tax money, per month, in the brokerage account. We live relatively simply, but still travel ( cruising, out of state) at least twice a year. However, our cars are getting old ( 10 years) and we will need to replace them soon. Also our 1990s house is dated. So we will need some money for new cars and house repairs in the near future and that will cost. If not for cars, repairs and travel, we truly don't need much money to live on daily basis ( we have no debt). However, I like to have a nice cushion just in case something happens ( besides buying new cars/repairs), so I keep working. I would love to take a year off and stay home so that our household would run more smoothly. But because I have a government job, I can't just take some time off and go back to the same job. [/quote]
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