<p>It really depends! It’ll be a lot less if I was alone vs. married with a family, where I lived, etc.</p>
<p>I think as a young adult, I would be really happy if I have a roof over my head, a job that doesn’t feel like work, 3 meals a day, not in debt, and an awesome trip once a year (abroad maybe? ^o^).</p>
<p>My uncle lives in an apartment in Miami Beach by himself, and he makes roughly $60,000/yr. He has a new car, a large flat screen TV, an iPhone, and a nice computer - and he still has plenty of money left over. To me, that’s living comfortably. Could he live with more? Yeah. He could have a Ferrari. He could have a nice, large house of his own. There’s a lot of things he could have - but none of those things are required to live “comfortably”. There’s nothing wrong with aspiring for $500,000K a year - hell, I would love to make that much and would go for a job with that pay in a heartbeat if I could. Just realize that at that point, you’re not living comfortably, but you’re living luxuriously. </p>
<p>Some places are more expensive, I realize. In some of the more extreme areas in places like New York or California, you may need to break six digits to live comfortably even if you’re living on you’re own. But almost never more than $125K unless you’re trying to support a family. Even incomes as high as $300K I would say are not necessary even if you ARE supporting a family, unless you’re trying to support a family of 35 or something, lol.</p>
<p>People are using their parents current salaries as a guideline, but its not really a good way to look at it. Firstly, it may be that just one of your parents works, you have a sibling or two and a decent mortage. This would be vastly different for either someone living alone or with a working partner. Obviously you may wish to be like your parents at some time in your life, but that tim hopefully won’t be soon. Also, in many careers it takes a long time to work up to the top paying jobs, and also a lot of dedication. Besides empty dreams and high SAT scores, most CCers seem to have very little which would help them do this.</p>
<p>For me, a comfortable (not minimum) amount to live off in a city would be $80-100k but chances are it won’t happen.</p>
<p>About the same for me. Though I don’t know how i’d manage to live in Boston on that income, but i’m not the kind of person to throw around money at silly things.</p>
<p>I guess comfortable is really just being able to pay the bills, and have money left to save, but still have enough to spend on ‘fun’ things or emergencies. There isn’t really one set number.</p>
<p>Depends on your definition of “comfortable”, and your “expenses” (read: children). If I were to not remain childless, then I’d imagine 80k-100k would be nice.</p>
<p>Some of these posts are so ridiculous they are making me sick! My parents make about $90,000 combined and I feel almost “rich.” </p>
<p>No, we don’t drive to Mercedes or have a villa down in Cabo but we live in a nice house, have fairly nice cars, wear nice clothes, and have money to go out to dinner, movies, etc. That’s about all I could ask for. </p>
<p>If my partner and I were making 150k+ I’d be ecstatic. My parents think that I’m being unrealistic for thinkin ~$60k out of college with an engineering degree. If only they were to read some of these posts!</p>
<p>I’d like to have the same comfort as my grandpa has (well, before he retired, thats a different story). Enough money to buy whatever he wants without having to look at the cost, buy cars with cash up front, that kind of stuff. That sounds really rich…he was a gym teacher. Definitely not making 200k or even six figures. He still had more money than he knew what to do with making maybe 75k. So…that kind of money, where money doesn’t really matter anymore and I can spend what I want and put the rest in the bank. The key? Not wanting too much.</p>
<p>But dream salary? why not set the bar as high as it will go. Infinity!</p>
<p>Honestly though, I want a career either in law or international relations (I’m not sure yet), and I know those are highly competitive and cutthroat fields. I’ve grown up pretty lower middle-class and my family went through some serious financial trouble that we’re just now getting out of, so if I can meet my basic needs I can adjust my wants according to what I can get making my best effort at it. </p>
<p>I want my kids to grow up with a little more than what I had, but I have no great yearning to become a millionaire. I don’t envy people who find their happiness in money, I find value in making a positive change in the world. And I certainly don’t want my children to be spoiled and sheltered (no private schools for sure).</p>
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<p>I was joking but your reply made me want to write this clarification, I’m not greedy at all and felt the need to point that out since humor can’t often be realized over the internetz.</p>
<p>I think it depends on so many factors that I can’t really say. I want to be a lawyer, which is a job that provides a six-figure salary, so I would say that is more than enough to live comfortably for me.
But it would depend on if I had kids, if my partner worked, where I lived, how much debt I had, and overAll cost of living so i can’t predict accurately what would be a “comfortable” salary. Would sixfigures be nice? Yeah, but I cant say if that is excess, just enough, or too little.</p>
<p>Did you see the estimate that 18 years from now, private colleges will cost $130,000 annually? You’d better start making a lot of money NOW if you want to help your kids get through school.</p>