I've never done this math. Looks like 2-4% each year.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:1-2% for family of 5. But HHI between $3M-$14M in recent years.

Where do people making 14 million a year get thr time to post on internet message boards?

We are paying people to do most of the work. Millionaires aren’t paper pushers. Most of my money is passive at this point. Trust me. We have the time.

I trust that there is a 99% chance you are a liar.

Not the $14M pp but you're ridiculous. No point to lie on an anonymous board. Just because someone makes many multiples of what you do doesn't make them a liar - just makes them more financially successful than you. Jealousy's not a good look. I love hearing the perspective of high earners. I'm the PP who revived this thread. We earn seven figures but I was just looking at Adventures by Disney and calculating what many of those trips would cost for our family of five and thinking wow, WHO is going on these trips? Who has this kind of stuff in their budget? So it's interesting to hear from those who earn even more than we do.

Hhi of $700k. We spend about 10 percent on travel, about $75 k a year on average. Two international tris a year and a couple of mini breaks.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:1-2% for family of 5. But HHI between $3M-$14M in recent years.

Where do people making 14 million a year get thr time to post on internet message boards?

We are paying people to do most of the work. Millionaires aren’t paper pushers. Most of my money is passive at this point. Trust me. We have the time.

I trust that there is a 99% chance you are a liar.

HHI of 1M
About 50K a year
5%

Anonymous wrote:

Anonymous wrote:1-2% for family of 5. But HHI between $3M-$14M in recent years.

Where do people making 14 million a year get thr time to post on internet message boards?

We are paying people to do most of the work. Millionaires aren’t paper pushers. Most of my money is passive at this point. Trust me. We have the time.

We’re spending a lot more these days - maybe like 25-30k on 400k? I feel like we can’t take it with us and we don’t have a huge house or want one. We’re not flying business class or anything (though I am considering it for the first time for one specific trip that I think being rested would help). Unfortunately with more than 2 travelers can’t use points - have to use cash.

5%,as well. About 30-35k

Anonymous wrote:1-2% for family of 5. But HHI between $3M-$14M in recent years.

Where do people making 14 million a year get thr time to post on internet message boards?

Anonymous wrote:About 5% of gross. ($15k/$300k)

I think it's more about leftover money. 15k of a 300k income is probably a lot easier to manage than 5k of a100k income

We make 1.6M and spend approx 80k/yr on travel, so 5%

4% gross/7% net is my back of the envelope guess, but it fluctuates.

3-5% on $3m

We spend around 100k per year not including our beach house.

1-2% for family of 5. But HHI between $3M-$14M in recent years.

Anonymous wrote:About 5% of gross. ($15k/$300k)

same here