How many brehs are upper class? How many brehs are making $169k?

[Shadow King]

$168k is near poverty in most metropolitan areas these days.

 

[JNew]

No more free money boys and gals

 

[KillerPups]

169 after taxes is like 8k a month.

these crazy salaries sound good on paper but taxes killer in those high tax brackets.

 

[feelosofer]

That's considered upper class?

In NJ that's the starting point for what I call 'true' middle class.

 

[Sad Bunny]

I make that by myself. Very blessed.

But I don’t think that’s upper class? Isn’t upper class like 400K and above?

 

[Peter Parker]

Am I the only coli breh that makes under 100k a year?

 

[capt_saveahoe]

This is a little bit of hyperbole. I think the magic number to live in Manhattan comfortably for a family of four is probably around $800k, which will be approximately $350k by the time you max out retirement accounts, fund 529 plans for your two kids and pay taxes. Anyone making close to a million wants to live in a place that's convenient and befitting of their effort so mortgage or rent will easily be $10k a month, so you left with $230k. a good daycare is going to run you $2500 per month, if you have two kids in daycare you are down to $170k. You're probably going to be spending $30k on utilities, groceries, food, clothing, (if you are frugal). You are down to $140k, out of that you might want to to take one or two vacations and probably want to put some extra money away in a brokerage account so you can retire early....etc. if you want to send your kids to private schools...you are down to zero.

A friend of mine tried recruiting me to NYC a few years back and I just laughed in his face, even as a single person making in the top 1% I wont feel rich in NYC.

 

[Buckeye Fever]

I don't make that much, but even if I did, I'd still be flickin' boogaz at the TV screen. Hardly any class in that

 

[Buckeye Fever]

Am I the only coli breh that makes under 100k a year?

Not by a long shot

 

[MoveForward]

Keyword is household. With that being said, no BUT I’m really close.

 

[JNew]

Am I the only coli breh that makes under 100k a year?

Just keep a stable job right now. The country’s going through a reset. There’s gonna be hyperinflation like crazy for a few years.

 

[Raiders]

So you saying she dating a lower class breh?

Naw we a 300k+ household

In LA tho shyt don’t go as far as you would think tho.

I’d like to use this time to thank higher education from a top school for getting us to this point.

 

[lib123]

This is a little bit of hyperbole. I think the magic number to live in Manhattan comfortably for a family of four is probably around $800k, which will be approximately $350k by the time you max out retirement accounts, fund 529 plans for your two kids and pay taxes. Anyone making close to a million wants to live in a place that's convenient and befitting of their effort so mortgage or rent will easily be $10k a month, so you left with $230k. a good daycare is going to run you $2500 per month, if you have two kids in daycare you are down to $170k. You're probably going to be spending $30k on utilities, groceries, food, clothing, (if you are frugal). You are down to $140k, out of that you might want to to take one or two vacations and probably want to put some extra money away in a brokerage account so you can retire early....etc. if you want to send your kids to private schools...you are down to zero.

A friend of mine tried recruiting me to NYC a few years back and I just laughed in his face, even as a single person making in the top 1% I wont feel rich in NYC.

A household that makes $800K per year in Manhattan can’t afford to send their kids to private school. Private schools cost $40K+ per child. $1 million may be hyperbole but $500K per household member to live comfortably in Manhattan isn’t far fetched at all. I know several people who work on Wall Street and make around $1 million per year and 90% of the ones with families live outside of Manhattan (CT, Long Island, etc).

 

[O³ (O cubed)]

I'm broke broke atm. After my accident in trying to get back ahead.

 

[capt_saveahoe]

A household that makes $800K per year in Manhattan can’t afford to send their kids to private school. Private schools cost $40K+ per child. $1 million may be hyperbole but $500K per household member to live comfortably in Manhattan isn’t far fetched at all. I know several people who work on Wall Street and make around $1 million per year and 90% of the ones with families live outside of Manhattan (CT, Long Island, etc).

Sounds about right. My two friends with kids living in Manhattan proper has a dual high earning physician household. Everyone else works in NYC but live in North Jersey and Westchester county, at least your money go further in those places.