Reply to What is your income to allow one parent to stay at home?

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[quote=Anonymous][quote=Anonymous]Would it be possible to hear from folks who have more middle class incomes (less than $200k) AND describe their housing cost, location, type of housing (family of 4 living in a studio would probably not be as inciteful). [/quote]

Our income hovers around $200k with DH's bonus but his salary is currently $175k.  When I started staying at home it was just over $100k and has grown steadily through the years.  Our housing cost is about $2500 per month including mortgage, taxes, insurance.  We have one child in college and one in HS.  4 bedroom ranch built in 1965 in McLean.  We have been able to save for retirement and college too. Part of this is because we saved my take home from the beginning so we were used to living on one salary and built a nice nest egg.  Part of this is because we have never had to have an escrow as we bought our house with 20% down.  Part of it is because we are naturally frugal and not spenders.  Part of it is because both of us were able to start saving for retirement from the getgo and neither of us had any college loans to pay off. Part of it is that we have never had to support any other family members. Part of it is because DH has always had a job.

We never planned on having one of us stay at home, it just made sense for our situation and solved several problems.  [/quote]

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