Financial Planning Differs for Dual High-Income Couples Story

Financial Planning Differs for Dual High-Income Couples

First-world problems are a frequent source of discussion here, and today’s story on dual high-income couples is no exception.

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While it might sound amazing to have the earning power of two doctors, lawyers, engineers, professional athletes, or any combination thereof, there are some unique challenges faced by such couples.

There are lots of differences that a dual high-earner couple faces in comparison to a single doc, a single earner couple, and a couple with one high earner and one low earner.

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One of the worst parts about being a dual high-earner couple is that you start out with a much more negative net worth.

Luckily, that bigger hole is typically matched by having a bigger shovel. Sure, you might owe $600K, but you also may earn $600K.

Like any other couple living together, you might get to save almost half of the living expenses!

Of course, that all goes away when you have kids. A one-earner couple saves all kinds of money on childcare costs.

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