zlacker

Yeah, take home of $13.5k a month can get a little tight if you're looking at an $8k mortgage on a crappy little shithole condo

You surprisingly (considering you're making 5x the median household income for the US) end up having to lightly adhere to some sort of budget. With car payments, sending money to your family, and local inflated prices, it's easy to find yourself not saving enough for early retirement

I think if you just don't buy new cars or first class international plane tickets you can get by pretty comfortably though. I saved $100k a year with a pre-tax total comp of $350k for a few years in the Bay Area

>>Firmwa+(OP)
How do you find yourself not saving enough for early retirement when you are saving $8k per month? Only a a tiny fraction of your condo is being consumed within a month. Far less than 8k.

>>Firmwa+(OP)
And I on the other hand had a 3200 square foot house, two cars, in the good school system and my wife and I had date nights and the occasional vacation with a household income of $170K in north metro Atlanta in 2020…

>>imtrin+Q2
I'm with you there. You can sell a condo to collect your $600k or whatever in equity, go buy a normal house in a normal city, and retire on $40k a year between that and your other savings.

My guess is that the maligned commenter I replied to is of the other school of thought, that they want to retire in the same house in the same town