How a $250,000 household fares

By any measure, $250,000 is a substantial sum. Even so, to make ends meet a family of four in these high-cost communities with this budget would have to cut back on discretionary spending at the expense of retirement plans, college funds or possibly even savings.

SOURCE: The Fiscal Times, BDO USA | The Washington Post - Dec. 12, 2010

This Story Analysis examines what it's like to be a 'rich' family in America Article \| In the heated battle over extending the expiring Bush-era tax cuts, a single number has emerged from the crossfire: $250,000. It's the annual income that President Obama and others have repeatedly used to define what it means to be "rich" in America today. And even though a tentative deal has bee... How a $250,000 household fares Gamco's Gabelli Says Obama Tax Deal May Lift Economy This Story Where does $250,000 a year go? Article \| In the heated battle over extending the expiringBush-era tax cuts, a single number has emerged from the crossfire: $250,000. It's the annual income that President Obama and others have repeatedly used to define what it means to be "rich" in America today. And even though a tentative deal has been... How a $250,000 household fares		Network News X Profile View More Activity TOOLBOX E-Mail This Reprints		More on washingtonpost.com • More Business News » washingtonpost.com
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