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Depends on your definition of a comfortable life and savings & investment goals.
If you send kids to daycare, it costs about $2k a kid per month — $2.5 if you include other activities. A nanny may be a cheaper option.
Mortgage can be anywhere between 3k (if you were one of the lucky ones that refinanced during covid) to 10k or more a month, depending on the town and the kind of housing you want — e.g., do each of the four kids need a separate bedroom.
What are your plans for college? If you intend on covering all or most of the fee, you may need to set aside a decent amount for 529s.
What about your own retirement? If you intend to max out on all — 401ks, IRAs, and HSA, that’s approximately 70k a year.
In our house we prioritize savings and investments — max out on all investment vehicles (Roth wherever possible), put about 15k a year per kid in 529s, have a super low mortgage, and one car loan. At over 500k HHI, we don’t sweat the small stuff but routinely find ourselves thinking twice before deciding on expensive night outs or vacations.
Not sure if that helps OP.
400k. 100k per child rule of thumb
200k. If kids are in private school and / or do a lot of pricey extra curriculars, I’d say 350k
Define live comfortably
Pay expenses, and not live paycheck to paycheck
How skilled are these kids? Are we talking coders or burger flippers?