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But it doesn't really. I come out as rich on the scale as me and my partner earn over > 270K together, but we wake up at 5:30 work in the morning and get back t
by rjkennedy98 7y ago
But it doesn't really. I come out as rich on the scale as me and my partner earn over > 270K together, but we wake up at 5:30 work in the morning and get back to our 1 bedroom apartment at 5:30 at night, where we make dinner and go to bed at 9pm. We try to save every penny we can. We have healthy retirement accounts, but we still don't have enough job or financial security to buy a house (we live in Boston). So yes, in many ways we are rich and certainly we are better off than many.
But, compare that to my mom who is almost 70 and about to retire. She has 3 million + in assets including passive income > 150K a year (before a pension and social security) with hardly any expenses. We both come out rich, but we are lightyears apart. She lives in complete comfort as she watches her California home go from 1.2 million to 1.6 million in value in the last few years, in some years hardly paying any taxes due to "depreciation".
- harryh 7y agoAnd if we want a welfare state as robust as the one in Europe you can't just have people like your mom pay for it. There aren't enough like her. You've got to pay in to. Like they do in Europe. Your choice.
- sn9 7y agoYou're in the top 5% for your area but you can't afford a house? Most of the home owners in your area make less than you. There's definitely something you're not telling us.