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Reply to "In your opinion, how much salary would a person need to make per year to life comfortably in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm a young nanny living in DC. I make $36k. My boyfriend and I have an $80k income combined. I think you all are completely out of touch as to what "comfortable" means. I have enough to pay my bills including student loans, I eat out occasionally, we take a yearly vacation, and we have some left over to save. There have been times in my life where I had to choose do I want groceries or heat? I feel pretty damn comfortable now![/quote] I think you are out of touch when it comes to savings. How much are you saving? How much are you paying in rent? I can't imagine you are saving enough for retirement. You must not have a car and no children. [/quote] People on this thread are BEYOND crazy! I've said multiple times, my household income is about $90k. We have two children. We have maxed our retirement. We are saving for college. We go on European vacations every year. We have weekends away several times a year. We have a nice car. We eat out several times a month. Sure we haven't mortgaged ourselves up like many on this thread and we don't send our kids to private school or pay for child care at all, for that matter but $90k is certainly enough for us to be comfortable. I try not to spend money unnecessarily, I always shop around and I don't spend a lot on clothes, make up or other similar frivolities. But I'd still do that if we bought home a lot more. Like someone else said, if you can't live comfortably on hundreds of thousands of dollars you are doing it wrong![/quote] When did you buy your house? Was it before prices went way up? Not having any child care costs or student loan debt is also huge. Once you add in those things (and potentially higher housing prices), it is much harder to get by. We have HHI of about $140 with 2 incomes and things are very tight. and two kids in child care ($30k a year) and we certainly can't afford European vacations or to max out retirement.. [/quote]
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