I earn about $30k per year and I still manage to fund my Roth IRA each year just fine. I understand that perception of wealth is relative, and that earning six

I earn about $30k per year and I still manage to fund my Roth IRA each year just fine. I understand that perception of wealth is relative, and that earning six figures is no panacea, but it bothers me when rich engineers in the Bay Area think they are struggling, when so many families here earn less and still make do. 100K household income is significantly above the median income here. I recall once reading a sincere comment on HN that lamented how 250K is just not enough, once you cover the necessities like private school and vacations and cars. Edit: I looked for that old comment, but couldn't find it. However, I did find someone who claimed that 150K was usually not enough for a family to get by on in SF: "The reality, however, is that 150K is the minimum living wage for a family with two kids in a place like SF, and usually not enough."[1] Edit2: Ah here it is: "The biggest problem is that 250k a year is is barely middle class in a large city." [2] [1] https://news.ycombinator.com/item?id=9618827 https://news.ycombinator.com/item?id=9618827 [2] https://news.ycombinator.com/item?id=10804430 https://news.ycombinator.com/item?id=10804430