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Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous]In my 50s. Three kids. most of my career made @100k. Recently - last 6 years- rose to 400k - (career switch). I do not feel rich at all. I feel like i finally have some room to breath. But now we are paying down home equity. Maxing out on 401k. Completing long-deferred maintenance on house we have had for 24 years. Might have been different if I had been making this amount for longer. But still seems like i'm still budgeting paycheck to paycheck. Slightly complicated because $150k is in annual bonus used for last three years to pay down debts. Remember you see about 50% of your bonus after taxes.[/quote]
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