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Reply to "Half of six-figure earners live paycheck to paycheck "
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[quote=Anonymous]I make 6 figures, but just barely. DH passed away last year, so now I'm paying for health insurance and socking away the max (including over 50 catch up) in my 401(k). The money that I bring home every month is only $200 more than my mortgage -- and I bought my house 20 years ago, so my mortgage payment is less than what I would pay to rent a comparable home. My child at home gets SSA, and DH had life insurance and a robust 401(k), so we're fine, but the point is -- a low 6-figure income is not much once you factor in health insurance and retirement savings.[/quote]
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