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Anecdotal response; also, at 43, I may be older than others in this discussion, though many of my cohort have only recently started to have kids. If you're only 30 (or 31 like GP), you'll need to wait and see who will have kids.

My friend with the most kids (5) lives in the Midwest had a household income of well under $100k/yr when kid #5 was born (he's a cop, she worked irregular hours because 5 kids). Now that they are older, she might work more and he has been promoted, so it's possible they are above $100k/yr, but if so, it's not much above that.

Prior to kids, they bought a fixer-upper and made it livable over the course of several months of days-off. Granted he had several advantages here: he worked construction jobs to pay his way through college (in-state tuition was laughably low in the early aughts), and his father was a finish carpenter, so the know-how was available, and he graduated with less than $10k in debt.




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