Edit: Deleted for dumb math

> $130k per year needed ($28.50 per hour * 40 * 52).

What math are you doing to get $130k with those numbers? That wage works out to around $60k/year.

Your 130k number is >2x what it should be. Recalculate.

28/hr is closer to 60k/yr.

130k/yr is more like 65/hr.