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Is $300k supposed to be good now?

I make $400-$500k, albeit in nyc, and still feel poor. ho...
Supple mexican home
  01/16/19
explain how you make that amount and still feel poor and can...
splenetic nubile corner
  01/17/19
they spend less on funko dolls
Flickering faggotry love of her life
  01/16/19
At 500k you should be saving well over $100k a year after ma...
Avocado Church Personal Credit Line
  01/16/19
I am, pretty much saving $100k a year. How do you retire...
Supple mexican home
  01/16/19
$500k is about $170k after taxes in nyc, so saving $100k is ...
Bateful azure abode
  01/16/19
???
Vigorous hot temple masturbator
  01/16/19
uhhh it's about $300k after taxes. i max out on gov't pr...
Supple mexican home
  01/16/19
Why do you have a second home with a $4,100 per month mortga...
Shimmering irradiated school cafeteria goal in life
  01/16/19
bought it a few years ago, it's up 80% in value since then s...
Supple mexican home
  01/16/19
If you honestly "feel poor" under these circumstan...
Odious spot hominid
  01/16/19
i'm cash poor what u want me to do, sell my place and jus...
Supple mexican home
  01/16/19
Do you rent the place out? Do you use it yourself? If so, h...
Shimmering irradiated school cafeteria goal in life
  01/16/19
past year i use it myself, maybe once a month.
Supple mexican home
  01/16/19
he's trolling. he's living as luxurious as anyone can withou...
lascivious obsidian circlehead
  01/16/19
not trolling. nutella makes more than me and she can rela...
Supple mexican home
  01/16/19
because you're on a hedonic treadmill and you'll complain al...
lascivious obsidian circlehead
  01/16/19
Real answer: our standards are too high. You don’t &l...
doobsian stimulating fanboi library
  01/16/19
edging but never quite getting there. kind of like how you r...
Deep hunting ground
  01/16/19
That's crazy. We live in LA, have a very good quality of lif...
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
ty and cr
crawly laughsome senate
  01/16/19
an extra 40k in expenses on 140k gross is ~40% of take home ...
slate razzmatazz public bath dopamine
  01/16/19
My point is that at 200K income we could afford the mortgage...
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
...
Deep hunting ground
  01/16/19
so you don't work and just live off $140k for both people?
Supple mexican home
  01/16/19
No, I invest all the money I make in index funds and real es...
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
that seems like a sweet life brother
Supple mexican home
  01/16/19
Do you have car payments? Have you added back in personal ex...
Deep hunting ground
  01/16/19
Yes, I added back my car payments, insurance, cell phone, an...
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
nice
Deep hunting ground
  01/16/19
Big down payment/trade in, 320i, or both?
Maize Coldplay Fan Stage
  01/16/19
Put $2,000 down. I negotiate for a living brother.
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
Please tell me it isn't something like a 320i.
submissive fishy site
  01/16/19
no offense, then you should know not to put money down on a ...
arousing translucent patrolman
  01/16/19
So that's really equivalent to around $436/month, which is a...
Maize Coldplay Fan Stage
  01/17/19
You are a guru about more than just shitlaw
Avocado Church Personal Credit Line
  01/16/19
Got it - get an ugly wife. Good rec!
Big flirting forum toilet seat
  01/16/19
cr - "wife who doesn't shop" is code for either sh...
Big-titted alpha whorehouse
  01/16/19
Yup. She is extremely fat and we are on Medi-Cal =(
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
stop spending like bezos' new woman. 300k is a ton of money
crawly laughsome senate
  01/16/19
only if 11-12:30 tues-weds in-house.
slate razzmatazz public bath dopamine
  01/16/19
This would be OK if you negotiated for WFH on Weds. mid-week...
Multi-colored Station
  01/16/19
luckily white life expectancies are plummeting so very few o...
Territorial trailer park bbw
  01/16/19
op is one of the worst HHI / COL flame artists on the board
lascivious obsidian circlehead
  01/16/19
specifically which part is wrong? i save $100k a year, ca...
Supple mexican home
  01/16/19
I'm not really in the mood to entertain your tired flame, bu...
lascivious obsidian circlehead
  01/16/19
yeah lol @ living off that.
Deep hunting ground
  01/16/19
*waits for some flame about needing $35,000 / month in retir...
lascivious obsidian circlehead
  01/16/19
think about the 1970s where $300,000 was like $3mm today. ...
Supple mexican home
  01/16/19
$300k is good unless you live in MFH or SF.
Ruby drunken round eye
  01/16/19
Yeah i guess if you are single and have no kids, live in a s...
Deep hunting ground
  01/16/19
...
Flickering faggotry love of her life
  01/16/19
OP, it’s tough to do in NYC but basically you need to ...
doobsian stimulating fanboi library
  01/16/19
50k a year on rent? lmao
Exciting disrespectful filthpig
  01/16/19
lmao just do have parents who own nice apartments lol
Bateful azure abode
  01/16/19
yes exactly. i'm literally doing what u are saying, spend...
Supple mexican home
  01/16/19
Just do 10K for NYE.
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
xmas + nye plane tickets $2k hotel and food and other for ...
Supple mexican home
  01/16/19
LMFAO What province of China are you from?
lascivious obsidian circlehead
  01/16/19
Yeah I get it. $4k/mo on various shit isn’t outrageou...
doobsian stimulating fanboi library
  01/16/19
My kids are going to Calabasas High so no need to pay for pr...
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
Your situation is unique in that you can live in a cheaper a...
doobsian stimulating fanboi library
  01/16/19
https://www.zillow.com/homes/for_sale/VT/pmf,pf_pt/208993940...
Territorial trailer park bbw
  01/16/19
Not an opera anywhere in sight bro
Pearl National
  01/16/19
it would be cheaper to take a cab from Vermont to MfH twice ...
Territorial trailer park bbw
  01/16/19
180. BRB moving to Vermont
Pearl National
  01/16/19
I'm familiar with an area nearby that I can't imagine is tha...
cruel-hearted overrated cruise ship
  01/16/19
Probably worth $400k in a vacuum but no opera (-$100k) and n...
Territorial trailer park bbw
  01/16/19
you dont retire early either find a gov job with pension ...
Mind-boggling feces internal respiration
  01/16/19
yep, seems like the only way to go
Supple mexican home
  01/16/19
The guy above is right, you really fucking suck at this.
Pearl National
  01/16/19
A lot of variables here. $400-500k as a single guy vs. $400...
submissive fishy site
  01/16/19
$4k a month for rent, live alone $4.5k a month for mortgage...
Supple mexican home
  01/16/19
Wait, rent + mortgage? Explain. Either of these alone are ...
submissive fishy site
  01/16/19
i rent in NYC have a really nice place in another city wh...
Supple mexican home
  01/16/19
Are you renting it out or what? When you say "another ...
submissive fishy site
  01/16/19
totally different city that's also expensive last year i ...
Supple mexican home
  01/16/19
"it's nice to have a luxurious spot to crash in when i ...
submissive fishy site
  01/16/19
“$400-500k HHI (what we have)” Lol classic fi...
doobsian stimulating fanboi library
  01/16/19
i'm imagining tmf pumping his fist as his zillow zestimate a...
Bateful azure abode
  01/16/19
Obviously, I'm only including money we earn from working. W...
submissive fishy site
  01/17/19
? You make over $700k as you often point out.
submissive fishy site
  01/16/19
Your suggesting that you’re close to the $500k HHI bra...
doobsian stimulating fanboi library
  01/16/19
We are over $400k and under $500k, which is factually correc...
submissive fishy site
  01/17/19
lol at adding $215 (plus some bonus hopefully) to you wife's...
bull headed pit
  01/16/19
Wife makes about $200k/year, I make more.
submissive fishy site
  01/16/19
is it worse having to lie about Mandy or about how the lie i...
bull headed pit
  01/16/19
Honestly, if I were to lie I would definitely make a much bi...
submissive fishy site
  01/16/19
what is wrong with the world that mandy makes more than my w...
bull headed pit
  01/16/19
...
Mind-boggling feces internal respiration
  01/16/19
Well, it started with me getting into a really good area, th...
submissive fishy site
  01/16/19
ok great so mandy is making $200K to work in intellectual pr...
bull headed pit
  01/16/19
can you got me into that area too?
Deep hunting ground
  01/17/19
if u feel cash poor, why not borrow against ur assets
cerebral infuriating indirect expression
  01/16/19
i'm cash poor but why would i do that, nothing to buy either...
Supple mexican home
  01/16/19
Borrowing isn't free money anymore. My last car (bought in ...
submissive fishy site
  01/16/19
you don't know that. he's in a high income tax bracket so th...
Blathering razzle brunch
  01/16/19
it's not so much that it's free money but he said he was cas...
cerebral infuriating indirect expression
  01/16/19
what year was the X6 you bought?
bull headed pit
  01/16/19
Somewhere between 2017-2019 (used only for a few months).
submissive fishy site
  01/16/19
well you like your cars I guess. That's a big cash purchase...
bull headed pit
  01/16/19
It is, but I keep my cars for a long time. Paying interest ...
submissive fishy site
  01/16/19
at that level of income in nyc you interact with lots of peo...
Blathering razzle brunch
  01/16/19
Lifehack: get scrubby friends.
submissive fishy site
  01/16/19
another point in favor of xo poasting
topaz menage ape
  01/16/19
all my scrub friends are on xoxo or people that work for me ...
Supple mexican home
  01/16/19
i know lots of rich people who live modestly.
Blathering razzle brunch
  01/16/19
If you are going to prioritize last minute NYE trips with mo...
umber hall yarmulke
  01/16/19
300k was good in late 90s. I make 3-5x that and still feel p...
swashbuckling violet knife tanning salon
  01/16/19
...
lilac friendly grandma base
  01/16/19
...
Territorial trailer park bbw
  01/16/19
$600k+ HHI, no kids, and we can't afford to live like hollyw...
Bateful azure abode
  01/16/19
examples of things you can't do?
Rose curious mad cow disease chapel
  01/16/19
live somewhere with several rooms. drive a car. stuff like...
Bateful azure abode
  01/16/19
Food is expensive if you dont cook enough.
bull headed pit
  01/16/19
2500 sq ft Houses in Cheviot Hills that used to be sold to l...
bull headed pit
  01/16/19
Just move to the valley.
Aphrodisiac Faggot Firefighter Church Building
  01/16/19
Is the valley the equivalent of moving to New Jersey from ny...
honey-headed den
  01/16/19
some would like to argue its more like moving to westchester...
bull headed pit
  01/16/19
Top 1.4% of the population.
carnelian mad-dog skullcap step-uncle's house
  01/16/19
$300K in a secondary city at reasonable hours is the fucking...
Electric Out-of-control Kitty Location
  01/17/19
Yup just “do” this
honey-headed den
  01/17/19
If you can strive your way into $500K in MFH but you can't s...
Aqua marvelous new version
  01/17/19
Guess who tends to earn high salaries in cities?
submissive fishy site
  01/17/19


Poast new message in this thread



Reply Favorite

Date: January 16th, 2019 10:25 AM
Author: Supple mexican home

I make $400-$500k, albeit in nyc, and still feel poor.

how do people save for retirement nowadays?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601716)



Reply Favorite

Date: January 17th, 2019 2:17 AM
Author: splenetic nubile corner

explain how you make that amount and still feel poor and can't save for retirement.

you are either living very extravagantly (even in NY)

or

you are saving for retirement

there is no way you're not doing either.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37606553)



Reply Favorite

Date: January 16th, 2019 10:27 AM
Author: Flickering faggotry love of her life

they spend less on funko dolls

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601731)



Reply Favorite

Date: January 16th, 2019 10:28 AM
Author: Avocado Church Personal Credit Line

At 500k you should be saving well over $100k a year after maxing out your 401k and backdoor roth

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601734)



Reply Favorite

Date: January 16th, 2019 10:34 AM
Author: Supple mexican home

I am, pretty much saving $100k a year.

How do you retire with that? You will need $5mm+ to retire.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601772)



Reply Favorite

Date: January 16th, 2019 10:36 AM
Author: Bateful azure abode

$500k is about $170k after taxes in nyc, so saving $100k is tough

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601784)



Reply Favorite

Date: January 16th, 2019 11:08 AM
Author: Vigorous hot temple masturbator

???

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601942)



Reply Favorite

Date: January 16th, 2019 11:11 AM
Author: Supple mexican home

uhhh it's about $300k after taxes.

i max out on gov't programs, thank.

spend about $100k throughout the year, spend $50k on rent, spend $50k mortgage for my other home. save $100k.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601950)



Reply Favorite

Date: January 16th, 2019 11:13 AM
Author: Shimmering irradiated school cafeteria goal in life

Why do you have a second home with a $4,100 per month mortgage?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601956)



Reply Favorite

Date: January 16th, 2019 11:41 AM
Author: Supple mexican home

bought it a few years ago, it's up 80% in value since then so not a bad choice.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602116)



Reply Favorite

Date: January 16th, 2019 11:44 AM
Author: Odious spot hominid

If you honestly "feel poor" under these circumstances then you are truly lost to GC. time to schedule your lobotomy.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602141)



Reply Favorite

Date: January 16th, 2019 11:46 AM
Author: Supple mexican home

i'm cash poor

what u want me to do, sell my place and just sit there with cash?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602164)



Reply Favorite

Date: January 16th, 2019 2:14 PM
Author: Shimmering irradiated school cafeteria goal in life

Do you rent the place out?

Do you use it yourself? If so, how often?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603140)



Reply Favorite

Date: January 16th, 2019 2:50 PM
Author: Supple mexican home

past year i use it myself, maybe once a month.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603346)



Reply Favorite

Date: January 16th, 2019 11:46 AM
Author: lascivious obsidian circlehead

he's trolling. he's living as luxurious as anyone can without being "super wealthy" and he still finds a way to complain. But as stated earlier, he's trolling.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602169)



Reply Favorite

Date: January 16th, 2019 11:48 AM
Author: Supple mexican home

not trolling.

nutella makes more than me and she can relate.

if anyone can call troll it's going to be people who make more than me and feel "rich" like you say.

but surprisingly, no one at this level feels well off, why?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602180)



Reply Favorite

Date: January 16th, 2019 11:55 AM
Author: lascivious obsidian circlehead

because you're on a hedonic treadmill and you'll complain all the way up the ladder (which you're already near the top of)

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602228)



Reply Favorite

Date: January 16th, 2019 2:34 PM
Author: doobsian stimulating fanboi library

Real answer: our standards are too high. You don’t “need” $5m to retire just like I don’t “need” $10m to retire with 2 kids.

We just have those standards as living a comfortable (not luxurious) life without having financial worries but that keeps edging up as you make more.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603261)



Reply Favorite

Date: January 16th, 2019 7:36 PM
Author: Deep hunting ground

edging but never quite getting there. kind of like how you regulate your husband's orgasms.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604722)



Reply Favorite

Date: January 16th, 2019 10:29 AM
Author: Aphrodisiac Faggot Firefighter Church Building

That's crazy. We live in LA, have a very good quality of life, and basically live off my wife's income of 140K. Our mortgage is paid off but that would only have added another 40k in expenses a year. If you don't spend like an idiot you can have a nice life for 200K in virtually any city. Even with kids. The trick is don't marry a woman who shops. My wife doesn't buy shit.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601743)



Reply Favorite

Date: January 16th, 2019 10:29 AM
Author: crawly laughsome senate

ty and cr

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601747)



Reply Favorite

Date: January 16th, 2019 10:33 AM
Author: slate razzmatazz public bath dopamine

an extra 40k in expenses on 140k gross is ~40% of take home - not sure that can just be hand waived away, since most people do have to pay mortgage/rent

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601768)



Reply Favorite

Date: January 16th, 2019 11:35 AM
Author: Aphrodisiac Faggot Firefighter Church Building

My point is that at 200K income we could afford the mortgage too and our house was bought for $1.175 Million. We could have gotten a cheaper house too if we wanted to spend less.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602091)



Reply Favorite

Date: January 16th, 2019 10:34 AM
Author: Deep hunting ground



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601778)



Reply Favorite

Date: January 16th, 2019 10:36 AM
Author: Supple mexican home

so you don't work and just live off $140k for both people?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601787)



Reply Favorite

Date: January 16th, 2019 11:35 AM
Author: Aphrodisiac Faggot Firefighter Church Building

No, I invest all the money I make in index funds and real estate. Right now though I have a large percentage in cash.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602086)



Reply Favorite

Date: January 16th, 2019 2:50 PM
Author: Supple mexican home

that seems like a sweet life brother

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603353)



Reply Favorite

Date: January 16th, 2019 11:42 AM
Author: Deep hunting ground

Do you have car payments? Have you added back in personal expenses you run through your firm?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602128)



Reply Favorite

Date: January 16th, 2019 11:45 AM
Author: Aphrodisiac Faggot Firefighter Church Building

Yes, I added back my car payments, insurance, cell phone, and all that other stuff when I talk about total personal expenses. I have a leased BMW 3 series that is $380/month.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602150)



Reply Favorite

Date: January 16th, 2019 2:45 PM
Author: Deep hunting ground

nice

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603320)



Reply Favorite

Date: January 16th, 2019 2:51 PM
Author: Maize Coldplay Fan Stage

Big down payment/trade in, 320i, or both?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603355)



Reply Favorite

Date: January 16th, 2019 8:06 PM
Author: Aphrodisiac Faggot Firefighter Church Building

Put $2,000 down. I negotiate for a living brother.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604893)



Reply Favorite

Date: January 16th, 2019 8:14 PM
Author: submissive fishy site

Please tell me it isn't something like a 320i.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604935)



Reply Favorite

Date: January 16th, 2019 8:24 PM
Author: arousing translucent patrolman

no offense, then you should know not to put money down on a lease

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605009)



Reply Favorite

Date: January 17th, 2019 2:45 AM
Author: Maize Coldplay Fan Stage

So that's really equivalent to around $436/month, which is about what I would have expected.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37606612)



Reply Favorite

Date: January 16th, 2019 4:11 PM
Author: Avocado Church Personal Credit Line

You are a guru about more than just shitlaw

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603855)



Reply Favorite

Date: January 16th, 2019 4:51 PM
Author: Big flirting forum toilet seat

Got it - get an ugly wife. Good rec!

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604121)



Reply Favorite

Date: January 16th, 2019 7:48 PM
Author: Big-titted alpha whorehouse

cr - "wife who doesn't shop" is code for either she's ugly or you're broke

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604817)



Reply Favorite

Date: January 16th, 2019 8:06 PM
Author: Aphrodisiac Faggot Firefighter Church Building

Yup. She is extremely fat and we are on Medi-Cal =(

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604897)



Reply Favorite

Date: January 16th, 2019 10:29 AM
Author: crawly laughsome senate

stop spending like bezos' new woman. 300k is a ton of money

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601744)



Reply Favorite

Date: January 16th, 2019 10:30 AM
Author: slate razzmatazz public bath dopamine

only if 11-12:30 tues-weds in-house.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601749)



Reply Favorite

Date: January 16th, 2019 10:57 AM
Author: Multi-colored Station

This would be OK if you negotiated for WFH on Weds. mid-week sucks, it's like you're tired, but nowhere near the weekend yet.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601900)



Reply Favorite

Date: January 16th, 2019 10:33 AM
Author: Territorial trailer park bbw

luckily white life expectancies are plummeting so very few of us will have to worry about "retirement"

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601766)



Reply Favorite

Date: January 16th, 2019 10:58 AM
Author: lascivious obsidian circlehead

op is one of the worst HHI / COL flame artists on the board

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601906)



Reply Favorite

Date: January 16th, 2019 10:59 AM
Author: Supple mexican home

specifically which part is wrong?

i save $100k a year, can't really retire on that.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601911)



Reply Favorite

Date: January 16th, 2019 11:34 AM
Author: lascivious obsidian circlehead

I'm not really in the mood to entertain your tired flame, but 100k / year compounds to like $4.4 million dollars.



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602079)



Reply Favorite

Date: January 16th, 2019 11:35 AM
Author: Deep hunting ground

yeah lol @ living off that.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602087)



Reply Favorite

Date: January 16th, 2019 11:36 AM
Author: lascivious obsidian circlehead

*waits for some flame about needing $35,000 / month in retirement*

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602098)



Reply Favorite

Date: January 16th, 2019 3:39 PM
Author: Supple mexican home

think about the 1970s where $300,000 was like $3mm today.

it's not hard to imagine that your $4.4 million is worth only $400k in REAL DOLLARS by the time you retire.

that is fine if ur living stingy for 10 years but god forbid u live to 80+ years old.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603669)



Reply Favorite

Date: January 16th, 2019 10:59 AM
Author: Ruby drunken round eye

$300k is good unless you live in MFH or SF.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601908)



Reply Favorite

Date: January 16th, 2019 11:00 AM
Author: Deep hunting ground

Yeah i guess if you are single and have no kids, live in a studio apt in flyover, have no debt or car payment etc.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601922)



Reply Favorite

Date: January 16th, 2019 11:02 AM
Author: Flickering faggotry love of her life



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601929)



Reply Favorite

Date: January 16th, 2019 11:10 AM
Author: doobsian stimulating fanboi library

OP, it’s tough to do in NYC but basically you need to either drastically cut rent or spending to save meaningfully. Assuming you net $200-250k after taxes and $50k goes to rent, you can’t be going around spending $4k/mo on other shit even if it’s easy to do so.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601948)



Reply Favorite

Date: January 16th, 2019 11:11 AM
Author: Exciting disrespectful filthpig

50k a year on rent? lmao

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601953)



Reply Favorite

Date: January 16th, 2019 11:22 AM
Author: Bateful azure abode

lmao just do have parents who own nice apartments lol

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601998)



Reply Favorite

Date: January 16th, 2019 11:13 AM
Author: Supple mexican home

yes exactly.

i'm literally doing what u are saying, spending average $4k a month on random shit. it's always something. one month i do really well and then next month my laptop breaks and i spend $2k on a new one.

next month i get an iphone upgrade. then it's 2 people's birthdays so I spend $200 on food and drinks and going out. then every year there's a $10k vacation or bottles for NYE. always something going on.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601958)



Reply Favorite

Date: January 16th, 2019 11:42 AM
Author: Aphrodisiac Faggot Firefighter Church Building

Just do 10K for NYE.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602133)



Reply Favorite

Date: January 16th, 2019 11:47 AM
Author: Supple mexican home

xmas + nye

plane tickets $2k

hotel and food and other for quick vacation $1k

gifts for family and friends total $2k

bottles at clubs $2k

misc. other $1k

fine it's like $8k but w/e. this isn't much, a family of 4 going to disneyland for 1 week costs $8k too.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602174)



Reply Favorite

Date: January 16th, 2019 5:35 PM
Author: lascivious obsidian circlehead

LMFAO

What province of China are you from?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604223)



Reply Favorite

Date: January 16th, 2019 2:18 PM
Author: doobsian stimulating fanboi library

Yeah I get it. $4k/mo on various shit isn’t outrageous at that income level. You can cut back like $1-2k/mo and save an extra $20k/year. But that just means you get to retire in 28 years instead of 30 or whatever. Also if you get married and have kids, there’s childcare and private school tuition which is way more costly than NYE trips. Early retirement is really designed for people who make a few million/year.

My goal is $10m NW for retirement and id be lucky retiring around 55.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603174)



Reply Favorite

Date: January 16th, 2019 8:10 PM
Author: Aphrodisiac Faggot Firefighter Church Building

My kids are going to Calabasas High so no need to pay for private school. Once they are out of daycare, my expenses for kids will be basically just food, clothes, and video games. Wife and I will each gift them each 150K for their 529 this year (you can front load 5 years) and then their college will be completely funded.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604911)



Reply Favorite

Date: January 16th, 2019 8:35 PM
Author: doobsian stimulating fanboi library

Your situation is unique in that you can live in a cheaper area with good schools. I can’t live in commuting distance of work if I moved to the valley for the schools, and my LAUSD options for public school are areas with $3m houses.

I think what OP is addressing though is not that he can’t live comfortably off $300k but that he’s not saving meaningfully such that he can retire early. I don’t think you can dispute that. You live off your wife’s salary which ends up being $6-7k/mo post tax without a mortgage. We are roughly at around $10k/mo after mortgage so we are around the same spending. OP isn’t really deviating greatly from that when spending $4k/mo not married. I don’t think he’s being a spendthrift.

The difference though is that you can retire early because you make so much more money. Last year we saved $300k/year but even then it’ll take 15-20 years of working to get to where we want to be. If OP is saving $100k/year, it’ll take even longer. He can cut back here and there and save $125k/year instead but that doesn’t shave meaningful years off working.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605068)



Reply Favorite

Date: January 16th, 2019 11:18 AM
Author: Territorial trailer park bbw

https://www.zillow.com/homes/for_sale/VT/pmf,pf_pt/2089939404_zpid/58_rid/3-_beds/200000-300000_price/790-1185_mp/1900-_size/globalrelevanceex_sort/45.46013,-68.730469,42.269179,-76.168213_rect/6_zm/?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601981)



Reply Favorite

Date: January 16th, 2019 11:43 AM
Author: Pearl National

Not an opera anywhere in sight bro

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602139)



Reply Favorite

Date: January 16th, 2019 11:46 AM
Author: Territorial trailer park bbw

it would be cheaper to take a cab from Vermont to MfH twice a month to see the opera than to actually pay to live in NYC

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602167)



Reply Favorite

Date: January 16th, 2019 11:49 AM
Author: Pearl National

180. BRB moving to Vermont

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602187)



Reply Favorite

Date: January 16th, 2019 2:50 PM
Author: cruel-hearted overrated cruise ship

I'm familiar with an area nearby that I can't imagine is that much nicer than where this house is. Why is the house so cheap? There's got to be something wrong with it.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603352)



Reply Favorite

Date: January 16th, 2019 6:37 PM
Author: Territorial trailer park bbw

Probably worth $400k in a vacuum but no opera (-$100k) and no thai food (-$100k)

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604411)



Reply Favorite

Date: January 16th, 2019 11:21 AM
Author: Mind-boggling feces internal respiration

you dont retire early

either find a gov job with pension or keep working ungil 65

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37601995)



Reply Favorite

Date: January 16th, 2019 11:41 AM
Author: Supple mexican home

yep, seems like the only way to go

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602120)



Reply Favorite

Date: January 16th, 2019 11:44 AM
Author: Pearl National

The guy above is right, you really fucking suck at this.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602140)



Reply Favorite

Date: January 16th, 2019 11:44 AM
Author: submissive fishy site

A lot of variables here. $400-500k as a single guy vs. $400-500k as HHI (what we have), do you have kids, what does rent/mortgage look like, etc. Same with $300k/year - that's fine to live on as a single guy even in NYC/SF/LA. I definitely can't imagine living on $300k/year HHI with a decent house, kids, etc. in an expensive coastal city.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602147)



Reply Favorite

Date: January 16th, 2019 11:50 AM
Author: Supple mexican home

$4k a month for rent, live alone

$4.5k a month for mortgage, i'm paying it off fast and the value appreciated 80% in the past 3 years but i'm still cash poor

no kids, no wife but have a gf that I spend probably $1k on on average per month. Which is mostly just food+going out+drinks+broadway shows+misc+weekend trips+etc.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602196)



Reply Favorite

Date: January 16th, 2019 12:04 PM
Author: submissive fishy site

Wait, rent + mortgage? Explain. Either of these alone are ok, but together that's a ton ($8500/month housing).

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602279)



Reply Favorite

Date: January 16th, 2019 12:06 PM
Author: Supple mexican home

i rent in NYC

have a really nice place in another city which i bought. good news is that it appreciated a lot in value but i'm still stuck with the mortgage.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602293)



Reply Favorite

Date: January 16th, 2019 12:11 PM
Author: submissive fishy site

Are you renting it out or what? When you say "another city" - is it a suburb of NYC or a totally different city you want to relocate to?

This seems to be the single expense that breaks the budget.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602307)



Reply Favorite

Date: January 16th, 2019 12:13 PM
Author: Supple mexican home

totally different city that's also expensive

last year i rented it out, this year i'm not.

it's nice to have a luxurious spot to crash in when i visit or take my girlfriend to spend a weekend there together.

either way, i can't get out of it unless i start ignoring my mortgage payments.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602326)



Reply Favorite

Date: January 16th, 2019 12:17 PM
Author: submissive fishy site

"it's nice to have a luxurious spot to crash in when i visit or take my girlfriend to spend a weekend there together."

This seems ridiculous to me and is primarily responsible for your financial situation.

"either way, i can't get out of it unless i start ignoring my mortgage payments."

Rent or airbnb it out. Problem solved.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602352)



Reply Favorite

Date: January 16th, 2019 2:26 PM
Author: doobsian stimulating fanboi library

“$400-500k HHI (what we have)”

Lol classic fish!

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603212)



Reply Favorite

Date: January 16th, 2019 2:38 PM
Author: Bateful azure abode

i'm imagining tmf pumping his fist as his zillow zestimate appreciation nudged him and mandy up to $402,108.57 for 2018

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603284)



Reply Favorite

Date: January 17th, 2019 8:16 AM
Author: submissive fishy site

Obviously, I'm only including money we earn from working. We also sold real estate at a nice profit but I didn't include that.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37607077)



Reply Favorite

Date: January 16th, 2019 7:49 PM
Author: submissive fishy site

?

You make over $700k as you often point out.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604823)



Reply Favorite

Date: January 16th, 2019 8:41 PM
Author: doobsian stimulating fanboi library

Your suggesting that you’re close to the $500k HHI bracket would be like me saying I’m close to the $1m HHI bracket.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605089)



Reply Favorite

Date: January 17th, 2019 8:15 AM
Author: submissive fishy site

We are over $400k and under $500k, which is factually correct. I didn't say I was "a hair under $500k" or something.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37607075)



Reply Favorite

Date: January 16th, 2019 7:57 PM
Author: bull headed pit

lol at adding $215 (plus some bonus hopefully) to you wife's make pretend $125 (plus some bonus hopefully) and finding $400-500K there.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604860)



Reply Favorite

Date: January 16th, 2019 8:05 PM
Author: submissive fishy site

Wife makes about $200k/year, I make more.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604890)



Reply Favorite

Date: January 16th, 2019 8:08 PM
Author: bull headed pit

is it worse having to lie about Mandy or about how the lie involves her making almost as much as you?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604904)



Reply Favorite

Date: January 16th, 2019 8:13 PM
Author: submissive fishy site

Honestly, if I were to lie I would definitely make a much bigger gap between her and I. :-|

Also, I'm a ridiculous slacker that needs to get my shit together and get to that next rung up.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604932)



Reply Favorite

Date: January 16th, 2019 8:22 PM
Author: bull headed pit

what is wrong with the world that mandy makes more than my wife and I think nutella's husband?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604991)



Reply Favorite

Date: January 16th, 2019 8:23 PM
Author: Mind-boggling feces internal respiration



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604998)



Reply Favorite

Date: January 16th, 2019 8:26 PM
Author: submissive fishy site

Well, it started with me getting into a really good area, then working to get Mandy into the same area.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605021)



Reply Favorite

Date: January 16th, 2019 8:30 PM
Author: bull headed pit

ok great so mandy is making $200K to work in intellectual property law.

the simulation needs maintenance.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605042)



Reply Favorite

Date: January 17th, 2019 7:41 AM
Author: Deep hunting ground

can you got me into that area too?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37607038)



Reply Favorite

Date: January 16th, 2019 12:01 PM
Author: cerebral infuriating indirect expression

if u feel cash poor, why not borrow against ur assets

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602259)



Reply Favorite

Date: January 16th, 2019 12:03 PM
Author: Supple mexican home

i'm cash poor but why would i do that, nothing to buy either. i got pretty much everything i want, new furniture, new laptop, new phone, etc.

just can't retire even though consumerism allows just about anyone making $100k to afford what i have.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602277)



Reply Favorite

Date: January 16th, 2019 12:10 PM
Author: submissive fishy site

Borrowing isn't free money anymore. My last car (bought in 2013) was financed at under 2% (less than inflation). This car I was offered 3.5% and just paid cash.

In general, at his salary borrowing against assets doesn't seem prudent.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602304)



Reply Favorite

Date: January 16th, 2019 12:13 PM
Author: Blathering razzle brunch

you don't know that. he's in a high income tax bracket so the ability to defer cap gains is potentially extremely valuable.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602327)



Reply Favorite

Date: January 16th, 2019 3:16 PM
Author: cerebral infuriating indirect expression

it's not so much that it's free money but he said he was cash poor (and on at least one significant asset that had increased substantially in value)

if u're able to extract cash from ur non-cash assets without significant transx costs and while avoiding tax consequences (as exeunt pointed out) it's worth considering

i'm certainly cash poor in that 99+% of my net worth is tied up in equities, RE, insurance, etc. but i wouldn't feel "cash poor" bc i have access to margin loans, HELOCs, policy loans, etc.



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603519)



Reply Favorite

Date: January 16th, 2019 8:08 PM
Author: bull headed pit

what year was the X6 you bought?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604907)



Reply Favorite

Date: January 16th, 2019 8:15 PM
Author: submissive fishy site

Somewhere between 2017-2019 (used only for a few months).

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604944)



Reply Favorite

Date: January 16th, 2019 8:22 PM
Author: bull headed pit

well you like your cars I guess. That's a big cash purchase.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604997)



Reply Favorite

Date: January 16th, 2019 10:16 PM
Author: submissive fishy site

It is, but I keep my cars for a long time. Paying interest on it seemed pointless when I had the cash. Markets are uncertain now so saving 3.5% seemed like a good way to go.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605629)



Reply Favorite

Date: January 16th, 2019 12:12 PM
Author: Blathering razzle brunch

at that level of income in nyc you interact with lots of people who make multiples or even magnitudes of what you make so your baseline level of spending is skewed massively upward. just from what you wrote you clearly blow money on all kinds of crap that don't add meaningfully to your happiness.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602317)



Reply Favorite

Date: January 16th, 2019 12:26 PM
Author: submissive fishy site

Lifehack: get scrubby friends.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602422)



Reply Favorite

Date: January 16th, 2019 2:26 PM
Author: topaz menage ape

another point in favor of xo poasting

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603213)



Reply Favorite

Date: January 16th, 2019 3:44 PM
Author: Supple mexican home

all my scrub friends are on xoxo or people that work for me that i can't chill with (25 year olds)

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603700)



Reply Favorite

Date: January 16th, 2019 8:07 PM
Author: Blathering razzle brunch

i know lots of rich people who live modestly.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604900)



Reply Favorite

Date: January 16th, 2019 12:13 PM
Author: umber hall yarmulke

If you are going to prioritize last minute NYE trips with models and bottles and dropping $1-2K per month on a GF, then expect to feel "cash poor" until your income drastically increases. But given the type of person you are, I'm sure your spending will still outpace whatever you earn.

Welcome to modern day consumerism bro.



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602328)



Reply Favorite

Date: January 16th, 2019 12:19 PM
Author: swashbuckling violet knife tanning salon

300k was good in late 90s. I make 3-5x that and still feel poor. I don't know how people do it. I am not going back to flying commercial

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602366)



Reply Favorite

Date: January 16th, 2019 12:28 PM
Author: lilac friendly grandma base



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37602431)



Reply Favorite

Date: January 16th, 2019 6:36 PM
Author: Territorial trailer park bbw



(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604405)



Reply Favorite

Date: January 16th, 2019 2:35 PM
Author: Bateful azure abode

$600k+ HHI, no kids, and we can't afford to live like hollywood and tv depicted the urban working class in the 90s lmao

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37603266)



Reply Favorite

Date: January 16th, 2019 6:38 PM
Author: Rose curious mad cow disease chapel

examples of things you can't do?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604420)



Reply Favorite

Date: January 16th, 2019 8:50 PM
Author: Bateful azure abode

live somewhere with several rooms. drive a car. stuff like that

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605149)



Reply Favorite

Date: January 16th, 2019 4:53 PM
Author: bull headed pit

Food is expensive if you dont cook enough.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604126)



Reply Favorite

Date: January 16th, 2019 6:31 PM
Author: bull headed pit

2500 sq ft Houses in Cheviot Hills that used to be sold to lawyers are not $3.5 million to start.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604383)



Reply Favorite

Date: January 16th, 2019 8:07 PM
Author: Aphrodisiac Faggot Firefighter Church Building

Just move to the valley.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37604899)



Reply Favorite

Date: January 16th, 2019 8:31 PM
Author: honey-headed den

Is the valley the equivalent of moving to New Jersey from nyc?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605050)



Reply Favorite

Date: January 16th, 2019 8:32 PM
Author: bull headed pit

some would like to argue its more like moving to westchester or rye, but it's not.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605058)



Reply Favorite

Date: January 16th, 2019 10:18 PM
Author: carnelian mad-dog skullcap step-uncle's house

Top 1.4% of the population.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37605645)



Reply Favorite

Date: January 17th, 2019 12:47 AM
Author: Electric Out-of-control Kitty Location

$300K in a secondary city at reasonable hours is the fucking dream. Best of all worlds. LMAO at NYC rat race slaves whining about middle class stature.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37606327)



Reply Favorite

Date: January 17th, 2019 12:54 AM
Author: honey-headed den

Yup just “do” this

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37606350)



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Date: January 17th, 2019 2:05 AM
Author: Aqua marvelous new version

If you can strive your way into $500K in MFH but you can't swing $300K in a regular city, then you are an rootless autistic turd.

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37606527)



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Date: January 17th, 2019 10:08 AM
Author: submissive fishy site

Guess who tends to earn high salaries in cities?

(http://www.autoadmit.com/thread.php?thread_id=4178967&forum_id=2#37607402)