Reply to How do all of you make these $200k salaries???

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My DH is in IT.  I left my job when he was making $150K. HHI dropped from 220K to $150K but I had just had my second baby and both of us decided to have one SAH parent.  Luckily, our cost structure was pretty low because we had clawed our way up from a very subsistence HHI and were super frugal, so we were living on around 80K. We crossed 200K when we were in our 40s.  DH got an eMBA (in the same job) more for job security vs seeing some advancement.  However, it did get him advancement in his job.  We are at 350K now in our 50s. Around 10 yrs left to retirement. Very secure job with great benefits and pension etc.  We were very lucky that DH had landed this gig years ago.  Truth is that majority of people we know are MC - and make from 50K - 180K individually.  There are couples we know who make 300K combined.  It takes a lot of time and patience and upgrading your skill to reach this point. I feel at 30 you are doing pretty good.

For your wife to SAH, you should really run the numbers. Can she do part time work? Or can you lower your cost structure? I could stay home because we bought a nice house but not in not great school pyramid. That changed the trajectory of our life.

Also, don't read DCUM. [/quote]

What role does he have in IT making $350k? That's exactly what I'm looking for![/quote]

Manager. Manages big IT projects with big teams. Started as programmer, then tech lead, and slowly got more and more into the management role. Still has to keep himself very sharp technically and is also a very highly regarded manager and very well liked boss.

I stayed home on a HHI of 150K. We really kept our cost structure very low (house in inexpensive area) and living a MC lifestyle.  We are in our 50s now. You are in your 30s. I think you have to give yourself time and experience to reach where you want to reach.  Also, maybe the dream of 200K will be delayed, but with careful planning and downsizing, the dream of having a SAH parent for your kids can happen. [/quote]

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