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Reply to "Parents of three kids: what is your combined household income? "
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[quote=Anonymous][quote=Anonymous]$680K + $5 million trust. Managing director track (MD expected next 2 years) for one spouse and in succession plan for head of department at mid cap company where manager (head of dept) wants to retire in a few years for another spouse. Hoping $800K in 2 years and around $1 million in 4-5 years. Kids are 7 months, 2, and almost 5. Expecting a total grind over the next 4-5 years but I know we can do it. I wish our family was close by or retired but they all work. Hoping they’ll retire in a few years and be in good enough health to occasionally help. [/quote] Rough life with that trust [/quote]
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