Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Survey: More Than 1 In 4 Americans Feel They Need To Make $150,000 Or More To Live Comfortably

⁨154⁩ ⁨likes⁩

Submitted ⁨⁨5⁩ ⁨hours⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.bankrate.com/investing/financial-advisors/financial-freedom-survey/

source

Comments

Sort:hotnewtop
  • pressedhams@lemmy.blahaj.zone ⁨5⁩ ⁨hours⁩ ago

    Yeah, sounds about right if you want to be able to be comfortable at home and have money for maybe a modest vacation once a year.

    I make way less, but it would be nice to be able to afford to travel at least once a year. Not worry about car repairs setting me back etc etc.

    source
    • Lon3star@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      Don’t forget any shot at a reasonable retirement too

      source
      • henfredemars@infosec.pub ⁨5⁩ ⁨hours⁩ ago

        I’m planning to die.

        source
        • -> View More Comments
  • PNW_Doug@lemmy.world ⁨3⁩ ⁨hours⁩ ago

    Yeah, this hits home all right. I’m Gen-X, and while I always got by OK on a very low income even here in Seattle, it was entirely due to have a very modest lifestyle and the sheer luck of that rarest of Seattle unicorns, reasonable rent.

    The stars aligned, and over the course of only a few years I’ve suddenly moved into a very comfortable 6 figure salary, and oh holy jebus words cannot express how much stress just…evaporates…when you’ve got enough to cover all expenses and easily sock away some money too.

    Of course, that was promptly replaced by a new stress, the realization that I might just possibly thread the needle and end up with a comfortable retirement—not rich mind you, just not in penury—but I now had to save, save, save, save, save.

    Work affords me access to both a 403B and a 457B, which has helped immensely in my quest to get savings built up appropriate for my age bracket, but all that anxiety is back now that I’ve got a retirement fund that was on track, but now the orange twitiot is doing his damndest to wreck our economy, likely for good. I’m just waiting to watch everything I’ve invested go up in smoke. It’s nerve-wracking, but hey, at least I’m Gen-X and now exactly what it’s like to live with existential dread. After a childhood fearing nuclear holocaust at any moment, this new anxiety is practically a cakewalk!

    Oh, who am I kidding? It still sucks.
    Fuck.

    source
    • shalafi@lemmy.world ⁨2⁩ ⁨hours⁩ ago

      Just want to say, to a fellow slacker, I get you. OTOH, my nerves aren’t too wrecked yet. Like you, I know how to be poor, but fuck me, I didn’t expect an environmental and political holocaust to drop on my old ass.

      source
  • Archangel1313@lemmy.ca ⁨5⁩ ⁨hours⁩ ago

    Who cares what people “feel”? It has nothing to do with “feelings”. Just calculate how much it actually costs to live comfortably, and you’ll find that $150k works.

    source
    • tburkhol@lemmy.world ⁨4⁩ ⁨hours⁩ ago

      You can’t define “comfortably” without feeling.

      source
      • Archangel1313@lemmy.ca ⁨3⁩ ⁨hours⁩ ago

        You can, though. At least to the extent of saying that “comfortable” means that all your basic needs are met, and you have money left over for more than that. How much more, is a matter of preference…but as long as that basic minimum is met, the rest is just different degrees of comfort.

        source
        • -> View More Comments
  • Bwaz@lemmy.world ⁨5⁩ ⁨hours⁩ ago

    Particularly since that has to also include investing for later retirement in an entirely uncertain economic future.

    source