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$3MM would allow you to easily live on 80k/yr, adjusted for inflation, for the rest of your life. And that's being conservative.
by dlp211 5y ago
$3MM would allow you to easily live on 80k/yr, adjusted for inflation, for the rest of your life. And that's being conservative.
- brianwawok 5y agoRight. Which is below the living standard most US tech workers have.
- adrianN 5y agoMost tech workers spend more than 80k a year? Spend, not earn? Are you serious?
- kthejoker2 5y agoPeople arguing with you are not serious. Excluding NYC and Silicon Valley, definitely easy to spend $40-50k depending on where you live ... a lot harder to spend the rest ...
- sidlls 5y agoMost tech workers in the Bay Area spend $80k/year on housing and commuting expenses, easily. Rents of $5k/mo and mortgage payments (piti) of $7k or more can easily account for almost all of that.
- adrianN 5y agoThe bay area is a huge outlier when you talk about "most US tech workers"
- brianwawok 5y agoRight. The average tech worker family income in the US is well past 50k. Looking at how poor the savings rate is, I would suspect they are spending a lot more than 80k.
- brianwawok 5y agoFor their family? Absolutely. Even outside the bay area. Many of us have no desire to retire at 30 and live a life of poverty. To do what? Play video games all day? Much rather work for longer, and do something...
- dlp211 5y agoTIL that making more than the median family in America is poverty ::rolls eyes::