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1) I assume the $93k isn't in SV and Seattle 2) The general wisdom if you want to get financially well-off is what you describe. Those who'd prefer to risk it
by _bxg1 8y ago
1) I assume the $93k isn't in SV and Seattle
2) The general wisdom if you want to get financially well-off is what you describe. Those who'd prefer to risk it all for a shot at being filthy rich do startups.
- VRay 8y agoSome people on this thread think of "comfortable" as: "Own a decent house/condo within 20 minutes of work", and they're right, Seattle/SF isn't "comfortable" at 93k Everyone ELSE on this thread needs to learn how to manage their finances. $93k in Seattle is $65k after taxes, call it $50k after putting $15k a year into your retirement plan. Remainder: $4100 a month post-tax You can rent a small apartment within 30-60 minutes of downtown for $1500 a month, leaving $2600 for utilities, groceries, entertainment, etc. That's a good $50 a day left over for food and entertainment, easily. I'd call that comfortable, personally. That said, I wouldn't take an offer in Seattle for less than $200k and I wouldn't take an offer in Silicon Valley for (SeattlePay+$12,000)/0.9 because of the higher rent and state income tax