Reply to Tell Me About Living in NYC (or Suburb) on 500k/yr

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]^pp but who wants to live in a tiny house and go on crappy vacations when you're making half a million a year??  [/quote]

Modest lives in these towns can actually be very nice if you are not worried about keeping up with the Jones. if you are in Westport or Greenwich, the town has a lovely beach so you don't need a summer vacation and in Westport there is a town pool club that any town resident can join that is very cheap and has a really nice pool and tennis courts. There is even a town sailing school where you can rent boats cheaply. This stuff is all available to everyone - whether your house is cheap or worth $5M. And the schools are great and almost everyone does public - even the hedge fund millionaires. If you ski you can drive to good skiing it;s less of an issue if you can't afford to fly out west. [/quote]

The point is, the people you will likely be socializing with will be going to the Hamptons, the Cape, the Vineyard, or Nantucket for the summer. Kids and mother decamp and financier father flies in on weekends. They'll have a pied-a-terre in the city and will constantly be regaling you with stories about how they saw Hamilton with the full cast. They'll be going to the Caribbean for week when schools are out in Feb. and spring skiing out west for spring break. Two week vacation in Europe or an Abercrombie and Kent safari in Africa at the end of summer after having been at the beach in the months preceding. You will feel poor and envious in comparison with an annual income of 500k. That is just how it is.

That's IF you have the 2mm to buy the cheapest house on the block that, oh by the way, is outdated and needs work.[/quote]

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