LC, I am assuming taxes, FICA, rent, etc.
Summer camp was included in the $24k I mentioned.
Rent depends on what kind of lifestyle you live. Most people don’t need a huge apartment for a couple with two kids, and rent would turn into mortgage payments.
I think all said and done, $140k gross with two kids should leave something over, unless there are some atypical expenses.
Most tuition boards would ask what kind of car you drive and how you vacation before giving a break, on the theory that the rebbeim paying their insurance on their ’05 Chevy should come before the parents’ payments on a ’16 Lexus.
I’m not asking the OP what his personal expenses and expenditures are; it’s none of my business. I’m just making a point that $140k with two kids should be more thsn enough, typically.
With more kids, or a lower income, it wouldn’t be, and that’s normally where you hear about the tuition crisis.