- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What's Your Ideal Salary/Life balance?
Posted on 3/20/18 at 9:37 pm to Bigryno7
Posted on 3/20/18 at 9:37 pm to Bigryno7
quote:
100k doesn’t go as far as some people on this board make it seem like it does. By the time you pay taxes and put away money for retirement, you’re looking at about 5k a month take home. If you live in a decent area, rent or mortgage can run you 1600-2500. 100k is not a lot of money unless you want to live in a shite part of town or a 30 minute drive from all the good stu
What I learned on the ot today: 90% of the country has to live in a shite part of town
2
Posted on 3/20/18 at 9:37 pm to Mingo Was His NameO
quote:
you can get 2br/2ba in HP for less than 300k
Most ignorant post in this thread (and that’s saying a lot)
Posted on 3/20/18 at 9:38 pm to Bigryno7
quote:
By the time you pay taxes and put away money for retirement, you’re looking at about 5k a month take home
You actually are pretty close depending on your retirement, benefits costs etc. It's probably a little north of $5500 in most cases.
Posted on 3/20/18 at 9:44 pm to Mingo Was His NameO
quote:
Unless you live extremely frugal. You'd have to have close to what, like $10MM to retire and 40 and keep the same lifestyle? If you can do that more power to you.
You'd need roughly 40x your annual after tax spending saved in order to be in the ballpark.
Posted on 3/20/18 at 9:48 pm to Bigryno7
quote:
100k doesn’t go as far as some people on this board make it seem like it does.
It absolutely does unless you contend luxury is a necessity. Moderate consumption, 100k will get you a good lifestyle.
Now if you want as much stuff as your income will buy you, you'll never make enough.
Posted on 3/20/18 at 9:49 pm to PurpleandGold Motown
110k would be the ideal number.
130k would be amazing.
With student loans, car note, rent, and bills.. 85-90k is not very comfortable for me. I also take too many trips and eat/drink out too often. Single with no kids. I would find it very difficult to survive with a family and have a combined income at 110k.
130k would be amazing.
With student loans, car note, rent, and bills.. 85-90k is not very comfortable for me. I also take too many trips and eat/drink out too often. Single with no kids. I would find it very difficult to survive with a family and have a combined income at 110k.
This post was edited on 3/20/18 at 9:50 pm
Posted on 3/20/18 at 9:49 pm to Mingo Was His NameO
quote:
You just said that you couldn't live comfortably in a city on that amount, which is asinine statement.
No, I didn't. But keep edging away from your dumbass "lol 100k is poor" shite and you'll eventually approach what I've actually said.
quote:
2016 and 2017 data
Not seeing anything to contest what I've said.
Posted on 3/20/18 at 9:51 pm to PurpleandGold Motown
Combined wife and myself, 200k would be great.
Posted on 3/20/18 at 9:51 pm to Mingo Was His NameO
quote:
You better both be making several hundred thousand dollars and saving alot of money. You'll need several million dollars saved to retire at 40.
Should be debt free including house and have enough investment earnings to live well on just our monthly earnings.
Posted on 3/20/18 at 9:52 pm to 337tigergirl
quote:
I would find it very difficult to survive with a family and have a combined income at 110k
You are high maintenance then. In 2004-2005 we had a family of 4 and lived on 70k or so
Posted on 3/20/18 at 9:53 pm to fallguy_1978
quote:
You are high maintenance then
Yep
Posted on 3/20/18 at 9:54 pm to fallguy_1978
Yeah. I wouldn’t want to trade my lifestyle. I like to go out too much. I also live in the middle of the city.
Posted on 3/20/18 at 9:56 pm to RogerTheShrubber
My first job out of college i made 24k. Granted this was 17 years ago and I didn't make that for very long but I supported myself just fine.
Posted on 3/20/18 at 9:58 pm to Mingo Was His NameO
quote:you seem a little slow.
What I learned on the ot today: 90% of the country has to live in a shite part of town
it costs more to live in a nice area. most of the time, living in a desirable area requires private school, higher cost of housing, property tax, etc. You can live some where like Mandeville fine on 70k, but not Uptown.
Posted on 3/20/18 at 9:58 pm to Mingo Was His NameO
quote:
. If you move up to McKinney or Frisco or that far north new construction 4bed/3bath, upgraded, pool, etc is 300k max, more like 260-275.
Nah, those are starting in the $350k+ range nowadays. You have to go north of 380 to get under $300k on new construction.
Posted on 3/20/18 at 10:01 pm to fallguy_1978
quote:
My first job out of college i made 24k. Granted this was 17 years ago and I didn't make that for very long but I supported myself just fine.
Ive never made over 100k, never had one career, took a year off work twice to travel, live in a very expensive city and never felt I was continually struggling. I've started from scratch a few times but I like the challenge.
Iim guessing people who struggle on 100k probably have some priorities that need to be shuffled.
Posted on 3/20/18 at 10:05 pm to PurpleandGold Motown
52k after taxes would be amazing. Hell 52k before taxes would be an improvement. I could be pretty damn comfortable with that but I also don’t need much
Posted on 3/20/18 at 10:07 pm to Mingo Was His NameO
quote:
Yeah unless you are in the top .001% I don't see how that's happening. Unless you live extremely frugal. You'd have to have close to what, like $10MM to retire and 40 and keep the same lifestyle? If you can do that more power to you.
Only way to do it is own your own businesses. We own one business outright, and part of another, with plans to grow both a while longer and then sell.
Posted on 3/20/18 at 10:15 pm to ithad2bme
quote:
Should be debt free including house and have enough investment earnings to live well on just our monthly earnings.
Ballpark your spending and investment earnings for us...
Posted on 3/20/18 at 10:25 pm to GreatLakesTiger24
quote:
it costs more to live in a nice area. most of the time, living in a desirable area requires private school, higher cost of housing, property tax, etc. You can live some where like Mandeville fine on 70k, but not Uptown.
Sure, but desirable area =/= comfortable.
I understand the topic of this thread is the ideal salary/life balance, so a desirable area is reasonable, but the majority of people in this country don't live in a desirable area. Are the majority of Americans uncomfortable?
This board skews the statistics significantly, but the fact of the matter is the median household income in this country is less than $60k. Half of the homes in this country get by with less than that per year. $100k/yr, no matter how you slice it, is far better than most.
Page 8 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News