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Reply to "What income is needed to live the american dream - close in DC area?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$250k[/quote] So PG county?[/quote] Life in PG is pretty great. [/quote] This thread is so funny to me. I live in pg county with a lower hhi and seem to be much happier and better quality of life than most of the pp on this thread. That includes saving for retirement, kids in private schools, funded 529, yearly vacations, summer camps etc. I’m not sure why dcum thinks you need to live in moco or nova to live the American dream. Oh.. we can also be in downtown dc in 35 minutes. [/quote] Yes, I feel sad for the people in this thread who so narrowly define their "dream" which is not even actually their dream but a dream that was dictated and handed to them. There are so many ways to live a good life. We live in DC, have one kid we love to pieces and are happy with our school options. We live in a condo. It's nice, the only reason I'd want more is so we could have a larger garden. But since buying a SFH right now would necessitate working more hours and moving further away with a longer commute, we wouldn't have time to garden. So I'm happy with our little patio garden. We take a couple vacations a year, including foreign travel. We have healthy retirement funds (I stocked mine up early, before becoming a mom, and now work part time so I can enjoy being a mom -- all worth it to me). Our condo will be paid off in 5 years, we'll either stay here mortgage free (socking away more income towards college/retirement) or use the proceeds to buy a small house with maybe a 300-400k mortgage, we haven't decided yet. Will likely depend on school stuff with our kid. Life is good. I feel lucky -- I have more than most people on earth expect to ever have. I don't feel envy over big houses or big jobs -- both seem stressful to me. I truly do not get this thread at all.[/quote] I feel the same, though we have two kids and a small row house. We did buy 18 years ago, which obviously makes a difference! But our house still isn’t worth a million. We sent our kids to public schools all the way up, we kept the same little house, we’ve saved for retirement, and we just recently started making $250k, split evenly between DH and me. When we bought, we made less than half of that! I love our neighborhood and we’re super close to our H.S./college-age kids, which I like to blame on the tight quarters of our row house. :) I’ve never thought of it as the American dream, but it’s a happy life. [/quote]
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