Reply to $600K-$800K HHI

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Reply to "$600K-$800K HHI"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d love to know the monthly budget in this income range. [/quote]

We are at 750k HHI and don't budget..we just come to a number to save, let's say it's 200k. We pay ourselves first and save the 200k. After that we live however we want and if the checking account stays above a certain #, then we will either save the rest, do a home project or go on a vacation.

My only target is the savings number. If I can save 200k, and that meets my long term goals, i don't care where the rest of the money goes. [/quote]

Wow, this is kind of crazy.  I make $180K per year and technically I save more money than you guys.  (I say “technically” because I only ascribe a 50% ownership stake of all assets within a marriage to each partner.  In other words, I look at it as if you each saved $100K.)

I’m single and live with my parents. I make $180K, pay $40K in taxes, spend $10K and save $130K per year.  Obviously, I live a rather unglamorous life based on the above, but I am still obsessed with getting rich quickly even though I don’t have the skills to make those super-high incomes.

Still, it’s a testament to the “brute force” method of getting rich by saving >90% of your after-tax income.[/quote]

The way you look at it is stupid lol

PP probably takes home 400k so they are saving 50% of their after tax income ..i think they will be just fine.  What happens when you grow up and become an actual adult? Do you think you could be an actual adult , making 180k and saving 130k :)[/quote]

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