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Reply to "Just bought an $800,000 house on a $186,000 salary and now I'm panicking...."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is your income after a 401k contribution, and if so how much? And how much emergency fund do you have? And are any of your kids in paid child care or private school?[/quote] OP again - yes, income is after 401k contributions (we each contribute 5%, and get a 5% match), and DW is a fed who will qualify for a pension. We are done with paid child care, kids are in public school, and will attend in-state public college.[/quote] You are contributing less than half of what you could be to your 401ks. That's not ideal, and is the first thing that should be bumped up with any income increases. [/quote]
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