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Money and Finances
Reply to "Middle class professionals: tell me about your finances"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]39 and 41. HHI 230k. Military officer and nonprofit executive. $850k in retirement (no match), $120k in saving, $110k in other investments, $180k in 529s, and $550k in equity. [/quote] How did you save so much money?!?!?![/quote] Before kids, we lived off one salary and saved the other (still had plenty of money to travel the world). We’ve also made money in real estate and “flipped” our primary residences over 5+ moves. We would buy in transitional neighborhoods near public transportation, contract out renovations (DH not handy) and would make $75-$140k after taxes, renovations, etc. I’ve also had great employers who allowed me to work remotely as we’ve moved—most military spouses are not so lucky. We’ve been very fortunate as most military families are unable to build wealth. [/quote]
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