Reply to A Week In Washington, DC, On A Joint $655,000 Income

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]ok, key financial break down here:

Occupation: Surgeon
Industry: Health Care
Age: 33
Location: Washington, DC
Joint Salary: $655,000 (My salary is $515,000 and my husband's is $120,000 — he is eligible for quarterly bonuses and I will be eligible for performance-based bonuses starting in summer 2020)
My Paycheck (biweekly): $12,178
My Husband's Paycheck (biweekly): $3,084
Gender Identity: Woman
Monthly Expenses
Property Taxes: $1,000 (We purchased our 4bd/4ba townhouse using money I inherited from my great grandparents, so we only have to pay property tax)
Utilities: $300-$400
Student Loans: $0 (My husband just finished paying off his law school loans. My parents covered my undergrad and med school tuition.)
Retirement: We each contribute $775 per paycheck to our individual 401(k). Additionally, we contribute $6,000 to additional tax-managed investment accounts. (This account is managed by our family office staff.)
Charitable Giving: $3,000 (given to the family office for directed giving.)
Dog Day Care: $1,400
Pet Insurance: $28
Health Insurance: Mine is covered through my employer, my husband pays $212 per month for his health plan
Vision and Dental: $38 for both of us through my company's health insurance
Insurance (Car/Home/Life): $480
Theatre Tickets: $690 annually for season tickets to an experimental theatre company in DC
Boat Club Dues: $750 annually
Work Parking: $115
Netflix: $13
Apple Music: $11
Coffee Bean Delivery: $40
Gym Membership: $352.12 for my husband and I (my husband expenses $50/month)
Credit Card Annual Fee: $550
Cleaning/Laundry Service: $800
Husband's Fraternity Alumni Dues: $50 annually
My Sorority Alumni Dues: $33

Weekly Total Spent: $8,391.29[/quote]

Wait, they spend 8.3k/week? So $436k/yr in expenses not including taxes? On a gross of $655k? So after taxes they don't really save anything?[/quote]

They save $6000+$775 per month towards retirement, so ~$81,300 per year. You posted it yourself.[/quote]

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