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Reply to "Is 300k the new 100k? At what HHI does one "make it"?"
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[quote=Anonymous][quote=Anonymous]I think the naysayers need to understand that this is a really expensive area. Make 101k with household income for 220k. Live in a small rambler where schools are an 8, send kid to preschool, two old cars, no debt except mortgage. Max out retirements, eat out 2x/week, shop at whole foods/farmers markets and save a little on top of it. One vacation per year usually to the beach. Great, right? And I should be grateful. But now imagine if one of us loses a job or worse dies, we won't be able to afford even school, mortgage and retirement. That is the root of my financial insecurity. My definition of being well-off is to make more so we can continue lifestyle on the lower income or alternately have an acceptable lifestyle on the lower income. At 100k, it is difficult.[/quote] You lost me at small rambler, only in this area and SF/NY are people living in those who are college educated professionals[/quote]
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