Reply to $200K. What is your lifestyle like?

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Reply to "$200K. What is your lifestyle like?"

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[quote=Anonymous]We are above $250K now, but were around $200-250k for most of our children’s childhood. We live in close in NOVA.

Where our money went really depends on the stage of life; as our kids got older we shifted fund from day care/after care/camps to college savings (but we always saved for college)

Mortgage was around $3500-3800 during this timeframe. 3K SF SFH (second SFH during our marriage) worth $1.2-1.3M
Mostly public schools, son went to 4 years private that was partially funded by my parents. 
College savings went from $200 to $1200 per month as child care costs decreased. 
Retirement savings went from 10% to maxing as child care costs decreased. We also maxed IRA some years. 
We did not have lawn care or house cleaning services. 
We paid cash for used cars and kept them for a long time. 
We did beach vacations, cruises and smaller road trip vacations.

Kids are in college (fully funded, some excess funds for grad school) and salary is $330K (two big jumps in the last two years). We max all retirement accounts and save an additional $50K per year. H and I  are planning two international trips per year and kids have done yearly trips to Europe for the last two years. So it’s a big lifestyle difference with the extra $80K and kids in (paid for) college.  
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