Anonymous
06/10/2026 19:16
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Anonymous wrote:If you make mid to high 7 figures, say anywhere from 4 to 9 million hhi, what is your lifestyle like? Do you have staff? Huge luxury home? Kids in private school? What are your holidays like? How much do you save/invest each year? What do you do for work? The reason I ask is because my business is taking off and I should be entering that range of income by this year or next year.
We have a wealth manager and tax planner (one stop advisory shop) and just hand it off and are given an allowance that we spend entirely. There comes a point in time where managing money becomes a job in and of its self. Our "allowance" is 20K/mo. The rest is invested/tax optimized.
Staff? No. we have weekly housecleaners and landscapers since we have ZERO desire to do yard work
Home is 3000sq feet and well designed, quality finishes and very comfortable, along with a large private yard that is professionally landscaped.
One kid in UVA and one kid in public school with his frinds he has had since he was in elementary school (have not moved since 2010)
Hate traveling for Christmas-everywhere is too crowded. We do one 2 week international vacation each august. College kid plays an NCAA sport and HS kid plays a travel sport. Our "vacations" are often in shitty towns standing on a shitty field, staying in a Hilton Garden Inn. Or they are in different college towns that can actually be a lot of fun! For work DH works at a IT company as an executive and I work PT in healthcare.
I believed this but not the Christmas thing. It's true that the airports are crowded, and wherever you go will be full. But there are a zillion secluded lovely places to go.
Anonymous
06/10/2026 19:05
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:If you make mid to high 7 figures, say anywhere from 4 to 9 million hhi, what is your lifestyle like? Do you have staff? Huge luxury home? Kids in private school? What are your holidays like? How much do you save/invest each year? What do you do for work? The reason I ask is because my business is taking off and I should be entering that range of income by this year or next year.
We have a wealth manager and tax planner (one stop advisory shop) and just hand it off and are given an allowance that we spend entirely. There comes a point in time where managing money becomes a job in and of its self. Our "allowance" is 20K/mo. The rest is invested/tax optimized.
Staff? No. we have weekly housecleaners and landscapers since we have ZERO desire to do yard work
Home is 3000sq feet and well designed, quality finishes and very comfortable, along with a large private yard that is professionally landscaped.
One kid in UVA and one kid in public school with his frinds he has had since he was in elementary school (have not moved since 2010)
Hate traveling for Christmas-everywhere is too crowded. We do one 2 week international vacation each august. College kid plays an NCAA sport and HS kid plays a travel sport. Our "vacations" are often in shitty towns standing on a shitty field, staying in a Hilton Garden Inn. Or they are in different college towns that can actually be a lot of fun! For work DH works at a IT company as an executive and I work PT in healthcare.
Anonymous
06/10/2026 09:07
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Anonymous wrote:DH is a law partner around 8.5M
4.5M house, 20m+ saved, private school, and two full-time nannies.
We save about 3-3.5m a year and live off the rest.
Holy shit...how long has he been earning that kinda income? Why is your savings rate so relatively low compared to your income?
He started at this level two years ago and should be here until he retires in 10
Taxes mostly..we live off about 1m a year, but ~150k of that is private school in DC (for 3), which will go away in ~8 years.
Anonymous
06/09/2026 14:23
Subject: Anyone here making well into the 7 figures range?
with decimal points, yes
Anonymous
06/09/2026 14:22
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:DH is a law partner around 8.5M
4.5M house, 20m+ saved, private school, and two full-time nannies.
We save about 3-3.5m a year and live off the rest.
Holy shit...how long has he been earning that kinda income? Why is your savings rate so relatively low compared to your income?
Anonymous
06/09/2026 14:21
Subject: Anyone here making well into the 7 figures range?
DH is a law partner around 8.5M
4.5M house, 20m+ saved, private school, and two full-time nannies.
We save about 3-3.5m a year and live off the rest.
4.5M house, 20m+ saved, private school, and two full-time nannies.
We save about 3-3.5m a year and live off the rest.
Anonymous
06/09/2026 14:18
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Business owner here in the $5M+ take home range.
If your business is just taking off I wouldn’t make huge lifestyle adjustments as stability in earnings may not be guaranteed.
Take home from our business ramped from sub-$1m many years to $2.5 to now $5m+. We treat this like a nice bonus but aren’t building our lives around it. So yes there are some nicer things (vacations, meals out) but no new primary residence or big ticket changes.
We have friends who are also successful business owners and a lot of them went through a “buy stuff” one phase before dialing back as it didn’t really increase happiness.
If you are a lawyer banker doctor etc you can probably approach the budgeting in a different way.
Can you share what field your business is in/what type of business it is?
Anonymous
06/09/2026 14:15
Subject: Re:Anyone here making well into the 7 figures range?
Anonymous wrote:We are retired and still have gross income of about $3 million mostly from investments. Converting our assets into cash to pay bills and taxes is always a not so fun effort. I don’t expect any sympathy!
What did you guys do for work?
Anonymous
06/09/2026 14:14
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Business owner here in the $5M+ take home range.
If your business is just taking off I wouldn’t make huge lifestyle adjustments as stability in earnings may not be guaranteed.
Take home from our business ramped from sub-$1m many years to $2.5 to now $5m+. We treat this like a nice bonus but aren’t building our lives around it. So yes there are some nicer things (vacations, meals out) but no new primary residence or big ticket changes.
We have friends who are also successful business owners and a lot of them went through a “buy stuff” one phase before dialing back as it didn’t really increase happiness.
If you are a lawyer banker doctor etc you can probably approach the budgeting in a different way.
Why would a doctor making 5M+ approach budgeting differently? Thats probably not the most stable income for them either.
Anonymous
06/09/2026 13:30
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Business owner here in the $5M+ take home range.
If your business is just taking off I wouldn’t make huge lifestyle adjustments as stability in earnings may not be guaranteed.
Take home from our business ramped from sub-$1m many years to $2.5 to now $5m+. We treat this like a nice bonus but aren’t building our lives around it. So yes there are some nicer things (vacations, meals out) but no new primary residence or big ticket changes.
We have friends who are also successful business owners and a lot of them went through a “buy stuff” one phase before dialing back as it didn’t really increase happiness.
If you are a lawyer banker doctor etc you can probably approach the budgeting in a different way.
Most business owners go through cycles, though - my parents sure did, but they are in a cyclical industry. They didn't start spending until they had zero personal debt - no mortgage, no car debt, enough money to put all kids through graduate school, and an emergency fund to last for at least 5 years.
Anonymous
06/09/2026 13:14
Subject: Re:Anyone here making well into the 7 figures range?
We are retired and still have gross income of about $3 million mostly from investments. Converting our assets into cash to pay bills and taxes is always a not so fun effort. I don’t expect any sympathy!
Anonymous
06/09/2026 12:57
Subject: Re:Anyone here making well into the 7 figures range?
We are getting there. But the only thing that changed in the last few years is that we are saving more. Kids still go our public school. We still live in the same house and drive the same cars. I don’t worry about flying business to Europe anymore, but I fly couch (Economy plus) on domestic flights. (I just don’t see the big value in domestic business.)
Anonymous
06/09/2026 12:48
Subject: Anyone here making well into the 7 figures range?
Business owner here in the $5M+ take home range.
If your business is just taking off I wouldn’t make huge lifestyle adjustments as stability in earnings may not be guaranteed.
Take home from our business ramped from sub-$1m many years to $2.5 to now $5m+. We treat this like a nice bonus but aren’t building our lives around it. So yes there are some nicer things (vacations, meals out) but no new primary residence or big ticket changes.
We have friends who are also successful business owners and a lot of them went through a “buy stuff” one phase before dialing back as it didn’t really increase happiness.
If you are a lawyer banker doctor etc you can probably approach the budgeting in a different way.
If your business is just taking off I wouldn’t make huge lifestyle adjustments as stability in earnings may not be guaranteed.
Take home from our business ramped from sub-$1m many years to $2.5 to now $5m+. We treat this like a nice bonus but aren’t building our lives around it. So yes there are some nicer things (vacations, meals out) but no new primary residence or big ticket changes.
We have friends who are also successful business owners and a lot of them went through a “buy stuff” one phase before dialing back as it didn’t really increase happiness.
If you are a lawyer banker doctor etc you can probably approach the budgeting in a different way.
Anonymous
06/08/2026 22:09
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Anonymous wrote:We live a very comfortable life in NYC, which includes private school, nice vacations, a large apartment, and a second home in the Hamptons. No "staff" beyond a housekeeper who comes twice a week.
What is your hhi, and what do you do? How long have you been earning that? What did your apartment cost?
Not sharing anything else. Enjoy your windfall.
Anonymous
06/08/2026 22:09
Subject: Anyone here making well into the 7 figures range?
Anonymous wrote:Anonymous wrote:It's Weirdo Night on DCUM
What a wonderful response
Indeed my friend, indeed.