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this post was submitted on 08 Oct 2024
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100k doesn't go that far anymore...
$100k used to be 'you made it' money. Now it's what $60k a year used to be in the 90s
Exactly
Depends where you live in Canada.
Sure does. You also tend to make slightly more $ for higher cost of living areas, so it's all kinda relative
Maybe not if you have kids and dependents. But that's twice what I make and I'm extremely comfortable and want for nothing.
Depends where you live too. I've got depends and I barely manage to save for retirement and I'm making quite a bit more than 100k. And I wouldn't say I live lavishly either.