3 ms·
eh. my highest salary in the past 10 years has been $170K and that was living in some of the most expensive cities in the world (NYC, Bay Area and Tel Aviv).
by compsciphd 5y ago
eh. my highest salary in the past 10 years has been $170K and that was living in some of the most expensive cities in the world (NYC, Bay Area and Tel Aviv). Now, I'm single, so I'm able to compromise a bit by having roommates, but I was still paying over $1K a month in rent in all the places. With that said, by being single and earning that amount of money AND living in one of the longest stock market bull markets ever (and yes, those of us who started working in 2009-2010 are very very lucky) I would expect someone like that to have been able to build a net worth close to $2mil without much effort. the bull market and "normal savings" (say $50-$100K as you mention) did most of the work.
but, as they say, past performance isn't indicative of future results.