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Reply to "What HHI does a family of 5 need to feel comfortable: NW DC or close-in Bethesda/Nova"
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[quote=Anonymous][quote=Anonymous]What do people spend their money on? I have a HHI of $250k, just finished paying off student loans, three kids (2 in public, 1 in daycare) and live comfortably. Vacation a few times a year, max out retirement and put money in 529s. We don’t have a ton left over after all that, but feel comfortable. Our mortgage is $3500/month.[/quote] This is me, too, with one kid in private. Live in a 4br townhouse in very close-in Nova, bought for about $900k in 2018. Refinanced last year to 2.6%. I honestly don't know what people are spending their money on who make twice as much![/quote]
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