Is $50,000 a year for a single person decent

[GearHeadDave]

Originally Posted by Chenge

What if they had no family to support, no college debt and budgeted, also what if the employeer offered these benefits too.

10-25 days vacation, 15 days sick leave, 10 paid Holidays, and 7 personal leave days annually generous health insurance, vision care, dental plan, prescription plan all with employer contribution, *healthcare and retirement benefits such as the 457 Deferred Compensation Plan and the 401(k) Savings and Investment Plan and a pension system, and life and accidental death insurance plan.work is performed in a office setting, and works 40 hrs or less per week

The biggest questions? Where do you want to live? Boston or San Francisco you will be dirt poor and unsustainable as others have mentioned. But the biggest wild card over which you have no control is health care. If you have an accident with major trauma, what will it set you back? You say you have health insurance, but as we all know, that can mean you will be $1,000 out of pocket, or $50,000 out of pocket (or more).

[Marcyprojects]

Originally Posted by GearHeadDave

The biggest questions? Where do you want to live? Boston or San Francisco you will be dirt poor and unsustainable as others have mentioned. But the biggest wild card over which you have no control is health care. If you have an accident with major trauma, what will it set you back? You say you have health insurance, but as we all know, that can mean you will be $1,000 out of pocket, or $50,000 out of pocket (or more).

Agreed. all depends on your situation. I myself would give my left nut for $50k right now and I have a wife and child at home. But, I live in the southeast where costs of living are generally low. The $50k would still just make up areas where my current salary leaves me short week to week. If I was a single person, no children, no car payments, I would be rich with $50k a year down here.