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View Poll Results: Assuming You Are Married With Kids And Not In A Super Expensive Metro, What's Appropriate?
50-70k 40 15.09%
70-90k 59 22.26%
90-110k 56 21.13%
110-130k 34 12.83%
130-150k 23 8.68%
150-200k 20 7.55%
200-250k 5 1.89%
250k+ 28 10.57%
Voters: 265. You may not vote on this poll

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Old 08-13-2011, 09:43 AM
 
Location: Earth Wanderer, longing for the stars.
12,411 posts, read 9,634,094 times
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I think the answer would depend on your lifestyle, how many in the family, and how much you should require for retirement.

We have been frugal all of our lives together. I think somewhere in the two to three hundred thou. range would be nice. We could have a nice abode, hire help to take care of it, go on nice vacations(several per year), pay for any extra health care we might need, attend lectures and concerts without wondering if we can afford it that week, and throw parties.
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Old 08-13-2011, 10:00 AM
 
18,868 posts, read 15,987,943 times
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"Upper Class Lfiestyle" well, that is now around $250,000. A SAHM, nice house, two SUV's, a boat, vacations, kids taking lessons.

Real world, I don't make any where near that salary, and never will. I compare my salary with the ones in my area, and think I am doing pretty well.
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Old 08-13-2011, 12:02 PM
 
21,143 posts, read 16,734,541 times
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$250,000 salary is out of reach for majority of the people. $250,000 income on the hand, is well within reach of a dual white-collar income family in their later years.
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Old 08-13-2011, 03:15 PM
 
Location: Olympus Mons, Mars
2,898 posts, read 4,499,520 times
Reputation: 2246
Well, if we have runaway inflation soon then the tables will be turned and those who earned the big bucks and put it in the bank (as cash and not invested in hard assets will be paupers and the people who have loads of debt will be the winners. This means ineffect those who earned less will have an automatic shift up in basis. This day is coming I will tell you
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