Reply to I Live Comfortably on Less than $70K After-Tax in DC Area

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Reply to "I Live Comfortably on Less than $70K After-Tax in DC Area"

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[quote=Anonymous]OP here. You few posters above are missing the point entirely.

I started the thread to combat all these DCUMers who go on and on about how $200k for families and $100k for singles is barely middle class. I acknowledge that I'm comfortable - very comfortable, in fact.  I was trying to show - and some of you got it, but clearly some did not - that the incomes I just named are affluent. Yet, thread after thread, we have DCUMers saying that $300,000 is just a regular lifestyle and $88,000 qualifies for subsidies. We even had some guy in another thread yesterday say that people with a net income of $4 million are not well off - and that it takes $10m and a $1m income. Crazy.

As far as the advice to max out my retirement, I am very close to doing that. My employer matches up to 10% of our income, and I have been contributing 9% (with a 9% match for a total of 18%). I think that's more than adequate - and more than financial advisors suggest, which is 15%. But you are probably giving me good advice, and I can up my contribution to the full 10%. I can change it on Monday, and I will.

Anyway, I'm done. It's a beautiful day....enjoy it.
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