re: Feeling broke on a $665K salary

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I don't know how the average Joe lives on $75,000+ anymore if I'm being honest.

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How old is average Joe? Where does he live? Does he own his home and when did he get the mortgage? Does average Joe have kids and does he have a wife and what does she earn?

quote:

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I don't know how the average Joe lives on $75,000+ anymore if I'm being honest.

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My wife and I concluded that if we had $2000 a month in income or $20K a month we'd still be "broke" most of the time. The difference of course is our retirement accounts would be getting a lot more and our savings would be out to about 6 months instead of 3. We pay more in federal income tax than either of our parents earned at their highest years income. We spend money like we got it like most people do. We don't have any debt like most people have, other than a mortgage of about $200K at just under 2%, and our retirement will be comfortable barring a disaster but we spend money like drunken sailors like most Americans do. I don't even pay any attention any longer...its too damned depressing LOL.