Is making over 100K per year a lot?

[tlongII]

Just curious what most people thought.

[Cane]

Depends how much you spend per year. But statistically yea it is.

[IronMexican]

Who else made a thread like this a months ago?

[balli]

Not if you're CC.

[tlongII]

Who else made a thread like this a months ago?

Was it me? I hope not. If so, I don't remember.

[marini martini]

Depends on your net!

[tlongII]

deleted

[CubanMustGo]

Not if you live in the Bay Area.

[balli]

Dude, I make like 40K a year and I live fat as Kirstie Alley's cankles. I don't know what it is to have a family and mortgage, but 100K is beyond what most people make. I don't know if it's a lot, but it sure as hell is something more than sufficient.

[4>0rings]

Yes, especially in San Antonio.

[IronMaxipad]

If you're Mexican, yes.

[Darrin]

Just curious what most people thought.

For me personally, yes. I had a chance to dream of a job at 104K recently and my personal expenses didn't rise above 2,000 per month in bills. I didn't know the taxes, so I estimated 50%. At that rate, I made 4,000 per month. 2,000 in unmarked income a month was a lot for me.

[ginobili's bald spot]

It depends on where you live and the cost of living in your area obviously.

[TDMVPDPOY]

cash in hand? yeh fck u then

[admiralsnackbar]

In SA? Yes. In any major city? No.

[NuGGeTs-FaN]

Id be happy earning 150k/yr, that's my 5 year goal. Then of course things will be more expensive in 5 years but i think 150k would still be ok.

My main thing is i want passive income and not just income from working.

[DMX7]

In SA? Yes. In any major city? No.

lol, there are plenty of major cities where 100K per year is a lot.

[admiralsnackbar]

lol, there are plenty of major cities where 100K per year is a lot.

You're right, I should have specified major business/culture cities (i.e. have people trying to move there). 100k in the metros of Chicago, Minny/St.Paul, Bos, LA, SF, DC, NYC, etc won't get you much, especially after taxes. If you choose to live in suburbs or exurbs, that's a different story, I guess. No question cracking a hundred is a lot of money in most cases, though.

[montgod]

lol, there are plenty of major cities where 100K per year is a lot.

Very true, it all depends on your personal situation (married - spouse working or not, kids, house, cars, etc.). Obviously a single person would be making out better w/no other responsibilities making that salary than a married person w/one income etc.


You're right, I should have specified major business/culture cities (i.e. have people trying to move there). 100k in the metros of Chicago, Minny/St.Paul, Bos, LA, SF, DC, NYC, etc won't get you much, especially after taxes. If you choose to live in suburbs or exurbs, that's a different story, I guess. No question cracking a hundred is a lot of money in most cases, though.


Again, it all depends on each person's situation and responsibilities.

[fraga]

Dude, I make like 40K a year and I live fat as Kirstie Alley's cankles. I don't know what it is to have a family and mortgage, but 100K is beyond what most people make. I don't know if it's a lot, but it sure as hell is something more than sufficient.


Yes, especially in San Antonio.


It depends on where you live and the cost of living in your area obviously.

Yeah it all depends on your expenses basically...if you make 100k a year...but you're living in 300k house driving a Porsche spending money left and right everyday...than no...you're probably working poor...meaning all the money you're making you're spending all up...thus cancelling out all that income...so it all depends...if you make a certain amount...no matter what it is...and your expenses are extremely low...than no matter how much you make...you're living large...

[bigzak25]

If you are using money for only selfish reasons, it will never be enough.

If you are using money to provide for family and to help the less fortunate, it will always be enough.

[ALVAREZ6]

Someone who makes over 100K per year and feels the need to ask on an online forum if doing so is a lot, without answering the question in the obvious way that everyone so far has about other factors such as cost of living, how much you spend, etc., then that person probably should not be making 100K per year.

So there's really only 3 possibilities here, tlong is either:
1. said dumbass that should not be making 100k
2. a tool
3. not making 100k and simply asking a question

[gatoloco]

My uninformed guess is that he's making over 100k and has been for a few years, but is wondering why he doesn't feel fulfilled.

[ALVAREZ6]

My uninformed guess is that he's making over 100k and has been for a few years, but is wondering why he doesn't feel fulfilled.

Very good possibility, but in this economy, virtually everyone should be fulfilled with over 100k/year.

[IronMexican]

Or he made this post thread to tell everyone he makes over $100k a year.

[Wild Cobra]

100K?

Not as much as some people may think, especially after taxes.

How many of you paid taxes in the 31% marginal rate?

[ALVAREZ6]

Or he made this post thread to tell everyone he makes over $100k a year.



My 2nd option is exactly what you have described, just slightly abbreviated.

[ALVAREZ6]

100K?

Not as much as some people may think, especially after taxes.

How many of you paid taxes in the 31% marginal rate?

Of course, 100k per year isn't as big of a deal as maybe most people perceive it still, but it's still good money and allows enough for one to live very comfortably.

[tlongII]

Someone who makes over 100K per year and feels the need to ask on an online forum if doing so is a lot, without answering the question in the obvious way that everyone so far has about other factors such as cost of living, how much you spend, etc., then that person probably should not be making 100K per year.

So there's really only 3 possibilities here, tlong is either:
1. said dumbass that should not be making 100k
2. a tool
3. not making 100k and simply asking a question

I'm guessing # 2.

[Blackjack]

Give me $100K and I'll let you know in a year.

[bigzak25]

at least he's honest...

[IronMexican]

I'm guessing # 2.

rofl

[ALVAREZ6]

I'm guessing # 2.
Are you sure about that guess? The fact that you yourself are guessing leads me to think #1 is more likely.

[Blackjack]

If you're single without kids and live in Texas, you're livin' pretty damn well on $100K, tbh.

But I'm somewhat of a minimalist and don't need to spend on a bunch of bullshit or unnecessary stuff.

[Wild Cobra]

If you're single without kids and live in Texas, you're livin' pretty damn well on $100K, tbh.

But I'm somewhat of a minimalist and don't need to spend on a bunch of bullshit or unnecessary stuff.
Not as well in the Portland Metro area.

[Blackjack]

Not as well in the Portland Metro area.

That's why I made sure to say Texas. I've been told it ain't all that great up on the East Coast either.

[bigzak25]

Just move to San Antonio Tlong and you can finally embrace your true team, The San Antonio Spurs. :tu

We might have some lachinas aroud here somewhere as well.

[JoeChalupa]

Yes, I do think making over 100K a year is a lot. Was that too mundane?

[tlongII]

Just move to San Antonio Tlong and you can finally embrace your true team, The San Antonio Spurs. :tu

We might have some lachinas aroud here somewhere as well.

I could never root for the Spurs. However, the lachinas do sound tempting.

[tlongII]

Are you sure about that guess? The fact that you yourself are guessing leads me to think #1 is more likely.

You might be right.

[ChumpDumper]

One should be doing pretty well at that salary -- should be secure enough at that point to not talk about income.