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Reply to "It’s extremely hard to raise kids in a nice neighborhood without generational wealth "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We bought at $2M under 35 (still under 35). Our HHI is around 750k, no parent contributions. We also pay for our nanny and private school on our own. It’s tight (seriously, no complaints though, we made our choices and know where we can cut back if needed) but we don’t spend much besides on the house and kids. [/quote] This is crazy to me as someone your age ish who makes the same. I had no idea people in our income bracket were stretching this much to “have it all.”[/quote] We’ve done all our retirement calculations and saving what we need to for retirement, and I don’t know what else we’d be saving more money for other than our kids anyways. We don’t intend on buying a second home, we don’t drive fancy cars, we’re not necessarily committed to private school and would be perfectly happy sending our kids to public. [/quote]
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