If you make that in Manhattan, you are probably young, or live in Queens/South Brooklyn/Jersey City and you’re doing fine. You get pinched if you make just enou

If you make that in Manhattan, you are probably young, or live in Queens/South Brooklyn/Jersey City and you’re doing fine. You get pinched if you make just enough to live in Manhattan or trendy nearby neighborhoods, and your career requires it, but not enough to save and prepare for retirement.