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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I saw you said the housing spend was $15K per month.  What is your actual cash shortfall per month if you change jobs?  [/quote]

Our projected annual shortfall with my hypothetical job change is about $80K/year (going up to $90K by the time the youngest kid graduates high school, assuming 2% inflation), assuming we both continue to max 401K contributions.  If kids become substantially more expensive as they get older, it's possible that could change. I think our budget estimates $30K for camps, lessons, etc.

I think we'd need to find a house in the $750K range to live within earned income. Not super excited about the prospect of moving further into suburbia. Would happily live EOTP in NWDC if we had a private school option for kids, but $750K seems impossible. (And yes, I am aware of DC crime.). But I realize that these are tradeoffs and that I should perhaps keep my high-paying job if I don't want to move further out.

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PP here and I think the biggest issue with your approach is that you are going to have to adjust your lifestyle when you retire.  An $80K shortfall is more than just your housing it is a lot of spending you would need to cut.  Even if you keep maxing retirement you won't be able to sustain this level of spending in retirement.  I mean an $80K shortfall, what does that translate to in terms of annual expenses when you factor in your net from a $240K income?  [/quote]

We expect about $175K net.   We have about $160K in housing and $100K in non-housing expenses, based on last few years of actual spend. That includes at least $20K for donations and $20K for vacations each year, which obviously can be cut. [/quote]

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