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[-] PixellatedDave@lemmy.world 5 points 9 months ago

It isn't just the salary though. I am convinced that there is enough wealth to go around so nobody has to live in fear any more.

[-] sin_free_for_00_days@sopuli.xyz 5 points 9 months ago

1/3 median home price for area of employment.

[-] betterdeadthanreddit@lemmy.world 5 points 9 months ago

A question like this could be an intro to a shady MLM pitch. Break the ice, get the conversation going and gain a sense of the range of numbers to make up for earnings examples.

[-] PonyOfWar@pawb.social 5 points 9 months ago

Something like 100k€ would enable me to do all the traveling I want to do and simultaneously save up enough money for a comfortable early retirement. Currently I'm focussing more on having a job that isn't soul-crushingly stressful and full of overtime though.

[-] solitaire@infosec.pub 4 points 9 months ago* (last edited 9 months ago)

I reckon I'd have severely diminishing returns past 6 figures, and I would (and do) trade income for less hours with a better work environment well before that.

[-] marx2k@lemmy.world 4 points 9 months ago

I make 120k in a medium sized city where the median income is about 75k. I'm pretty content, tbh. I also don't buy shit i don't need. Most of my expenses are my hobbies. I do have a lot of hobbies. But I still make enough every two weeks where I'm able to stash it away in a savings account.

Now if I only knew how to and had the balls to invest beyond retirement accounts.

[-] RvTV95XBeo@sh.itjust.works 4 points 9 months ago

Investing tip #1: don't take advise from strangers on the Internet

Investing tip #2: get a zero commission trading app, like Fidelity or TD Ameritrade, and just squirrel away a bit of each paycheck/monthly/whatever into a low expense ratio, broad market ETF, like VOO (https://etfdb.com/etf/VOO/#etf-ticker-profile)

Start slow, but contribute regularly. Keep enough cash in the bank for emergencies, and don't bother even thinking about trying to "time the market" - just set it and forget it.

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[-] Ironfist@sh.itjust.works 4 points 9 months ago

around three fiddy

[-] Iceblade02@lemmy.world 4 points 9 months ago

5k€ (equivalent, inflation adjusted), per month

[-] AbsurdityAccelerator@lemmy.world 4 points 9 months ago

10,000,000 per year. I could stop working after 1 year and live off the interest and never have to worry about money again.

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[-] aidan@lemmy.world 4 points 9 months ago* (last edited 9 months ago)

$13k/yr post tax, just depends on how much work I'd have to do for it

[-] stoy@lemmy.zip 4 points 9 months ago

I'd be happy with 50k SEK/month after tax with the current inflation.

[-] PM_ME_VINTAGE_30S@lemmy.sdf.org 4 points 9 months ago

$69420

No but seriously, about $70k would make me feel a lot better.

[-] RubberElectrons@lemmy.world 2 points 9 months ago

You'll make that easily on the west coast of the US. We have a lot of aerospace and green energy companies, startups and behemoths in the mix.

But... Rent is quite high.

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[-] COASTER1921@lemmy.ml 3 points 9 months ago* (last edited 8 months ago)

Anything over $100k is plenty to live, travel, and invest with if you don't plan on having kids. There's a point where it's time and experiences that are more valuable than the money, so I'd prefer fewer working hours or more engaging work than simply just salary increases. I'm certainly happy to receive bonuses and raises, but as an engineer who has never made under $100k/yr the money doesn't change anything about the way I live and enjoy life (note that I don't have expensive tastes and carefully watch for lifestyle creep).

[-] BassaForte@lemmy.world 3 points 9 months ago* (last edited 9 months ago)

I make just over 6 figures (USD) and I'm happy with my salary. Although I am actually underpaid in my field for my experience and don't absolutely love my job, so really I should probably find something else.

I would be much happier with around 140k though.

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[-] Thorny_Insight@lemm.ee 3 points 9 months ago

My plumber salary has been more than enough for me. I hope I can maintain it as self-employed aswell.

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[-] Kiernian@lemmy.world 3 points 9 months ago

Happy as in "all absolutely necessary for survival bills are getting paid on time, all outstanding debts are getting paid down regularly, and I can afford to eat at a restaurant slightly above fast food grade once a month or so?"

$308,740/yr for the first year would do it.

After that I could probably look at halving the salary and live, if not comfortably, at least without constant worry.

Maybe start putting something away so I can retire before I hit 70.

Happiness doesn't come from money, but it sure would reduce stress.

[-] JusticeForPorygon@lemmy.world 2 points 9 months ago
[-] SymbioteSynapse@lemmy.world 2 points 9 months ago

$150k/year. Enough to afford the house I'm in and still have enough left to not have to worry about being short on any recurring bills. Note: I'm in California. Most other states and id be fine at 90-100k.

[-] Behaviorbabe@kbin.social 2 points 9 months ago

I could make what I have now if I just had a single family home with an acre for my kids to live in when I’m dead. That’s it.

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this post was submitted on 21 Jan 2024
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