$4k/mo is higher than average unless you're talking about supporting a family as well. If you're supporting a family your risk tolerance should be lower meaning

$4k/mo is higher than average unless you're talking about supporting a family as well. If you're supporting a family your risk tolerance should be lower meaning you'll want more saved. Though it should hit people equally regardless of rent. The only difference is that people with lower rents can afford to take lower paying jobs in the event of a downturn. $4k/mo is significantly more than my total monthly expenses. This leads to the other obvious advice: live below your means.