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throwawayacct139865 t1_j2ja7ps wrote

Where are you looking? If you're making 100k a year you shouldn't even be renting, that's just throwing money away.

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ZimofZord t1_j2jb6pe wrote

Yeah ppl love to say that but I don’t want to be tied down at this stage in life . A mortage for a 300k house in other states is 1800 which would require me to move to anouther state . 300k here probably won’t even buy you a shack

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throwawayacct139865 t1_j2jbio1 wrote

You can find houses for 300k but they'll come with a commute. You're not tied down to a house either, you're able to sell it at any time.

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Phuzi3 t1_j2jbpvx wrote

$100k a year is where you start to break out of “survival” in the Sound, and has been for a handful of years.

Of course, it depends on family size. In 2017 or so, KING (I think) put out a story that anything under $100k for a 4 person household in SnoCo is considered low income. So, if you’re only supporting yourself, making $60-80k, you’re probably doing fine.

I make around $80k and support a 6 person household. We’re not doing fine. Between rent, monthly bills, food and gas…we’re broke, normally, within a couple days of me getting paid.

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ZimofZord t1_j2jcdbg wrote

Yeah I don’t really think a lot of ppl understand how much it costs out there now. Sure I could afford more if I invested zero in 401k , Roth and HSA however then you work until you die . It really sucks out there

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Phuzi3 t1_j2jd4jh wrote

I’m not putting anything towards my 401k, because I need every dollar I can get to put towards my family. At this point, yeah, I have no intent of retiring because I have no pension and no savings, and I turn 38 this year.

Shits rough out here.

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ZimofZord t1_j2jdqcy wrote

Tell me about it . To survive you need to work till you die

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Phuzi3 t1_j2jfi6b wrote

True.

And I’ll probably break from my fellow Millenials on this, but I don’t see that as necessarily a bad thing.

Just because you retire, doesn’t mean you stop working. Leave the job you had a career at, but do something part time to bring in a little extra and stay busy.

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