Reply to Why is $275k hhi now so poor?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I can’t imagine how rich I would feel at $275k and no kids.

You’re doing something wrong if you feel poor.

[/quote]

same!  we have one kid and HHI of 125k and feel comfortable. I mean no luxuries, etc. but if we had 275 I think we'd be doing a happy dance.[/quote]

They are "living above their means".  Obviously plenty of people live with 125K/150K and are comfortable.

They could be too.  They likely were at that level at some point, and as income changed, they choose to put all increases into their new lifestyle, rather than saving 50-60%

[/quote]

Why do you think that everyone in the world would feel more "comfortable" seeing a higher number in their bank/vanguard account than actually using the money to improve their quality of life (i.e., living in a more expensive apartment that's closer to the metro and with amenities in the building so you don't have to run around all day to do your errands)?  If I take your premise to the logical extreme, we would all be happier living in the street so that we can invest the money saved from no longer paying rent.  I severely doubt anyone would take that offer.

I also severely doubt that people who are spending nearly all of their 275K income on living expenses somehow completely mismanage the money such that they had 0 experiences that were worthwhile and they would have had the exact same level of happiness if they only lived on half of that income.  Sure, you might personally prefer to have the money in the bank than to spend it, because you get a high every time you see the numbers go up in your bank account, [b]but not everyone's goal is to have a mountain full of money that they don't spend[/b].[/quote]

The issue is OP seems to be unable to live on 275K -- not that they prefer not to save.  [/quote]

I guess I'm not reading OP's post this way.  I didn't see any indication that OP was going into debt to finance their 275K lifestyle.  I do, however, see OP's complaining that 275K doesn't go very far and that they're disappointed that a 275K HHI is only giving them a middle-class lifestyle.  Everyone who's telling them that they're not saving enough only adds credence to OP's complaint -- apparently the way they live (which they already find inadequate) is actually too extravagant for the rest of DCUM.[/quote]
It's true $275K today is not the same as $275K 10 years ago. However, more than likely OP would not have been earning $275K 10 years ago.

Op wants 2010 prices with a 2023/24 wages. It doesn't work that way.

Also, I bet OP is living an UMC not a MC lifestyle.  I think some people have a warped sense of what a MC lifestyle is.[/quote]

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