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Reply to "What is the reasonable HHI income for wife to stay home?"
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[quote=Anonymous][quote=Anonymous]We did it with $150K and three kids in NoVA.[/quote] that would be super tight if you are also trying to max out retirement. We did it at $140K -- two kids -- but it was super tight. $160K gave us some breathing room but only barely. I don't think we were contributing to a college fund at that point (kids were early ES). Agree with PPs that it really depends on your expenses. I would say if you don't have an extra $1k every month after all expenses and saving for retirement, then it's questionable. I don't know how old OP's kids are, but mine are now teens, and kids get more expensive as they get older.[/quote]
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