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Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Affluent Not wealthy Wealthy is making 300K a year by earning 3% on $10 million. 300K as a wage earner is affluent - doing amazingly well. We aren't going to feel rich until we can do it all without earning a wage each week[/quote] $320 here. My husband commutes three hours a day to earn half of that. He certainly doesn't feel rich, but yes, we are comfortable, at least on the weekends. [/quote] Why do you do it? Why do any of you do it? If you're making 300k IN DC (or olney or wherever) then you are affluent enough to move. We moved. We are rich and wealthy and rested and happy. -yes I still can't quit DCUM [/quote] Don't think same opportunities exist for us outside the beltway. Definitely plan to move to lower COL area once we build up a sizable nest egg. Although personally, I know that we're not the type to want to make too many cutbacks in retirement, so that better be a big nestegg. [/quote]
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