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Old 03-25-2022, 11:06 PM   #56
powderjunkie
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Quote:
Originally Posted by Mathgod View Post
You are very wrong.
Extreme luxury? Compared to a median income, we're talking about having some, but probably not all of the following:

- a bigger nicer house (let's ballpark $800k)
- a nicer car
- going on nicer/longer vacation(s) most years
- going out for more dinners, shows, hockey games, ski days, etc.
- spending a little more on other hobbies or general purchases
- saving for retirement
- paying off debts that you may have acquired to achieve this income level (doctors, lawyers, MBAs, entrepreneurs, etc.)

Overall a bit less stress about generally paying the bills, presuming you live within your means, which means doing the bullet points above in moderation.

That just sounds like a very nice and comfortable life. Some more opportunities to enjoy some luxuries, but it's definitely far from 'extreme'. That income level also tends to involve lots of working hours and/or higher stress jobs.
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