Reply to Ok can we stop saying $300k is "rich" in DC?

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Reply to "Ok can we stop saying $300k is "rich" in DC?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you bought your house before  2003 or went to college before 2000 shut the fuck up. Costs have gone up exponentially and you can't live the middle class lifestyle on less than 250k. [/quote]

Funny.  We're able to live quite nicely on 100k.  [/quote]

Quite nicely? You can't max out on retirement on that, nor can you save for college. Do you mean you have money left over at the end of the month? To me, living "quite nicely" is maxing out two 401(k) plans annually and saving enough to fund four years of state college education for each of my children.[/quote]

We do or very close to that. Enough to retire a couple of years early if desired. State college tuition funded for four years by the time kids are in school. Money for vacations. No car loans. It can be done, but you can't do that and insist on living in NW DC or go on expensive travel.[/quote]

You gross $8200 a month, which is about, what, $6000 a month net? How much of that $6000 do you save for tuition and vacation and other savings?  Your mortgage must be $1,000 a month or less.[/quote]

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