Anonymous
07/13/2018 03:18
Subject: Re:Dual income HHI ~$150k, what do you do?
We are mid 30s and earn $175k as a fed and academic.
Anonymous
07/12/2018 22:20
Subject: Dual income HHI ~$150k, what do you do?
We’re mid-30s with a HHI of $188K: Nonprofit management ($115K) and education ($73K, hoping this will go up in a year with an advanced degree)
One child in daycare. Kindergarten and public school is a year away.
Our retirement and stock accounts are paltry by DCUM standards, under $200K. We have good equity in our house, around $450K at the moment, and little other debt.
I’m not sure how OP defines solidly middle class.
One child in daycare. Kindergarten and public school is a year away.
Our retirement and stock accounts are paltry by DCUM standards, under $200K. We have good equity in our house, around $450K at the moment, and little other debt.
I’m not sure how OP defines solidly middle class.
Anonymous
07/12/2018 17:40
Subject: Dual income HHI ~$150k, what do you do?
1.5 mil is not typical for anyone. Except DCUM posters, apparently
Anonymous
07/12/2018 14:19
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:The HHI threads always seem to spiral to an average of ~$400k HHI and I am wondering if there are any other solidly middle-class people on DCUM and what they do.
Me: $60k, account management
DH: $95k, government contractor
HHI: $155k
We are in our late 20s and live in Arlington.
This is about what we made in our late 20s. Now we make 1.5M. But, we are 45. Make sure you are comparing yourself to people of the same age and situation. Otherwise, you will feel like you aren't keeping up and actually you are pretty much where they were at the same age.
Anonymous
07/12/2018 14:17
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes OP. We are at your same income levels and are feds in our 50s.
It's not a humble brag people, fed salaries don't skyrocket up over the years. Remember our mortgage officer saying, "you could afford to buy more when your salaries go up significantly over time" and we just laughed and laughed.
But yes, I'm on here but I mainly read and don't post. Much of the information is too rich to be of much use to me and I follow frugal blogs and facebook pages by people like Mr. Money Mustache and others.
This is my point exactly -- to be in your 20s and have a $150K income is GREAT. Those are the people who will be earning $300K in their 50s.
Feds. A $150k income in your 20s will be a $170k income in your 50s.
OP and spouse are NOT FEDS.
Which means they have income growth potential as they get older. So, they really should stop comparing themselves to older people in the private sector.
Anonymous
07/12/2018 14:17
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes OP. We are at your same income levels and are feds in our 50s.
It's not a humble brag people, fed salaries don't skyrocket up over the years. Remember our mortgage officer saying, "you could afford to buy more when your salaries go up significantly over time" and we just laughed and laughed.
But yes, I'm on here but I mainly read and don't post. Much of the information is too rich to be of much use to me and I follow frugal blogs and facebook pages by people like Mr. Money Mustache and others.
This is my point exactly -- to be in your 20s and have a $150K income is GREAT. Those are the people who will be earning $300K in their 50s.
Feds. A $150k income in your 20s will be a $170k income in your 50s.
no, hater, actually it will be a lot more than that.
Anonymous
07/12/2018 14:16
Subject: Re:Dual income HHI ~$150k, what do you do?
Anonymous wrote:2017 AGI ~$175K after taxes/pre-tax investments/other deferrals
DH - consultant at an international finance organization, regular work hours, $127K
DW - registered nurse, part-time/flexible hours, $48K
We're mid-30s, one child, with a few hundred thousand in investments (mostly IRAs/401k, some in 529), no debt, and a decent emergency fund. We rent in our NWDC neighborhood, which is out of our price range to buy responsibly. We feel "behind" in some ways, though don't feel bound to DC forever and think we'll "catch up" if/when we step off the DC treadmill (likely if we have another child).
Yes.. if you really want to save or buy a house, you need to give up living in such a high col city with that income. Not sure why you would wait for #2 when expenses go up. I would make more sense to do it now, and start saving more for #2.
Anonymous
07/12/2018 14:15
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes OP. We are at your same income levels and are feds in our 50s.
It's not a humble brag people, fed salaries don't skyrocket up over the years. Remember our mortgage officer saying, "you could afford to buy more when your salaries go up significantly over time" and we just laughed and laughed.
But yes, I'm on here but I mainly read and don't post. Much of the information is too rich to be of much use to me and I follow frugal blogs and facebook pages by people like Mr. Money Mustache and others.
This is my point exactly -- to be in your 20s and have a $150K income is GREAT. Those are the people who will be earning $300K in their 50s.
Feds. A $150k income in your 20s will be a $170k income in your 50s.
OP and spouse are NOT FEDS.
Anonymous
07/12/2018 14:13
Subject: Re:Dual income HHI ~$150k, what do you do?
2017 AGI ~$175K after taxes/pre-tax investments/other deferrals
DH - consultant at an international finance organization, regular work hours, $127K
DW - registered nurse, part-time/flexible hours, $48K
We're mid-30s, one child, with a few hundred thousand in investments (mostly IRAs/401k, some in 529), no debt, and a decent emergency fund. We rent in our NWDC neighborhood, which is out of our price range to buy responsibly. We feel "behind" in some ways, though don't feel bound to DC forever and think we'll "catch up" if/when we step off the DC treadmill (likely if we have another child).
DH - consultant at an international finance organization, regular work hours, $127K
DW - registered nurse, part-time/flexible hours, $48K
We're mid-30s, one child, with a few hundred thousand in investments (mostly IRAs/401k, some in 529), no debt, and a decent emergency fund. We rent in our NWDC neighborhood, which is out of our price range to buy responsibly. We feel "behind" in some ways, though don't feel bound to DC forever and think we'll "catch up" if/when we step off the DC treadmill (likely if we have another child).
Anonymous
07/12/2018 13:56
Subject: Dual income HHI ~$150k, what do you do?
DH - 110k (project manager for startup)
DW - 55k (nonprofit)
Both early 30s. We have one infant in daycare. Can't afford to save as much, but we spent our 20s maxing retirement accounts so have about 500k combined in 401ks/roths/iras.
DW - 55k (nonprofit)
Both early 30s. We have one infant in daycare. Can't afford to save as much, but we spent our 20s maxing retirement accounts so have about 500k combined in 401ks/roths/iras.
Anonymous
07/12/2018 12:50
Subject: Dual income HHI ~$150k, what do you do?
Do you have debt?
Do you have good retirement savings?
How are your benefits (insurance, etc.)?
Do you own a home?
Do you have good retirement savings?
How are your benefits (insurance, etc.)?
Do you own a home?
Anonymous
07/12/2018 12:46
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OMG. Are you for real? Shut up with your humblebrag now.
??? Take a look at any other HHI thread on this forum and tell me that $150k between two people is a humblebrag.
Yes, those people are in their 40s, not their late 20s. You have issues if you think $150K is below average for a couple in their 20s. Grow up.
+1
+2 Why do young people think they should be making the same amount as someone with twice, three times the years of experience?
There are tons of dual professional couples here in their late 20s making $300k+/year.
Mostly big law. I can't think of anything else, except maybe someone that had a nice startup payday.
Anonymous
07/12/2018 12:45
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OMG. Are you for real? Shut up with your humblebrag now.
??? Take a look at any other HHI thread on this forum and tell me that $150k between two people is a humblebrag.
Yes, those people are in their 40s, not their late 20s. You have issues if you think $150K is below average for a couple in their 20s. Grow up.
+1
+2 Why do young people think they should be making the same amount as someone with twice, three times the years of experience?
There are tons of dual professional couples here in their late 20s making $300k+/year.
Define "tons". And it's still not normal.
Anonymous
07/12/2018 12:42
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OMG. Are you for real? Shut up with your humblebrag now.
??? Take a look at any other HHI thread on this forum and tell me that $150k between two people is a humblebrag.
Yes, those people are in their 40s, not their late 20s. You have issues if you think $150K is below average for a couple in their 20s. Grow up.
+1
+2 Why do young people think they should be making the same amount as someone with twice, three times the years of experience?
There are tons of dual professional couples here in their late 20s making $300k+/year.
Anonymous
07/12/2018 12:30
Subject: Dual income HHI ~$150k, what do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OMG. Are you for real? Shut up with your humblebrag now.
??? Take a look at any other HHI thread on this forum and tell me that $150k between two people is a humblebrag.
Yes, those people are in their 40s, not their late 20s. You have issues if you think $150K is below average for a couple in their 20s. Grow up.
+1
+2 Why do young people think they should be making the same amount as someone with twice, three times the years of experience?