3 ms·
There’s like 3 cities in the country where 220k gross is not in the 90th+ percentile. In Minneapolis for instance you’d be at 95th percentile HHI. You are doi
by hrrbhgrrggb 2y ago
There’s like 3 cities in the country where 220k gross is not in the 90th+ percentile.
In Minneapolis for instance you’d be at 95th percentile HHI.
You are doing very well. You are just overspending.
- ein0p 2y agoFacepalm. Go to SF or Seattle or NYC with your family of 4 and then let me know if I’m “overspending”.
- arghnoname 2y agoIt's been interesting to see the different financial perspectives on the threads here. I don't know if people haven't done the math or just think a middle-class lifestyle is supposed to be living in mortal terror of an unexpected bill or expense. I personally think of it as an aspirational descriptor, maybe on par with the lifestyle a single union-employed factory laborer could have afforded many decades prior. I don't care if that now requires a 90% income. We're a wealthy country, that's reasonable. If living in the 50th percentile is a fraught subsistence wage...that's a problem! My guess is $220K for a family of four if you don't already own a house is not excessive at all. Housing is bonkers. Owning the real estate free and clear would make a big difference, but if I "only" had $220K to retire on and had to pay my rent, I'd move somewhere cheaper and I like it here.
- pokerface_86 2y ago[dead]
- hrrbhgrrggb 2y ago3 cities. You could move.
- ein0p 2y agoRead my op to the end. Yes, I will have to move in order to be able to retire. That was my whole point.