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To be comfortable....
So a family need to be making 58K to 60K per month pre-tax, so you take home 30K...to live in that.
That makes sense, though, because if you are making 720K a year... saving for the 340K downpayment actually seems realistic
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To be 1 layoff away
family need to be making 40K per month pre-tax, so you take home 20K
saving for the 340K downpayment with 480K annual income.... slower but doable
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