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Reply to "What HHI is needed for this lifestyle in the area?"
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[quote=Anonymous]we have that lifestyle on about $425K except we are only paying for one private school tuition. We could definitely pay for 2 or 3 kids in private if we made $600K. -mortgage (2 homes combined) about 5K/month. (Total house value right now on Zillow: 2.1 million) -private school $50K for one kid. Other one is in public (magnet) by choice. -vacation (yearly) $10-20K -2 paid off cars bought for cash in 2019 ($45K) and 2021 ($25K-used). -retirement--on track for $5 million. Late 40s with half of that saved. -college savings--on track. Plus we will have the $50K yearly that we currently pay for private school and the $10K yearly that we currently pay for travel sports/activities. We will by in early 50s when our kids are in college. We fully expect to be working during those years. [/quote]
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