Which Personal Annual Income Range would you be satisfied with making?

[Aethereal]

This almost completely depends on where you live, and future plans. Where I live, I can rent a very nice apartment for less than $500 a month, and so live comfortably on $1000. But in other countries (places like the U. S, U. K, Singapore, etc.), a similar apartment would cost about 4 or 5 times the price where I live (as well as utilities, transport, food, etc.).

By future plans, I mostly mean family. Not needing a big house, or having children to raise and send to school leaves you a lot of money and makes it easier to survive on a lot less.

Given these and other factors, I am confident that I could live comfortably and happily on between $3500 and $5000 a month ($60,000 a year) in most places. Adjusted for inflation over time of course.

[zeitgeist057]

I read an article based on the idea that "money doesn't buy happiness", which showed statistically, that it kind of does... but only to a certain point.

As income increases, reported happiness based on various factors also increases, but starts to taper off around $75,000/year per person. Make more than that, and if you weren't happy making $75,000/year, you're unlikely to be much happier making $125,000/year.

But on the lower end, if you make $50,000/year, you are much more likely to be happier than if you are making $30,000/year.

[Xoxocutekitty]

I recently got bumped up to 56k from 46k (by switching jobs).

Even when I was just starting out at 40k (which really wasn't that long ago) I was able to cut corners and 'saved' 10k a year.

Well I guess I didn't really save it, I paid off my student loans 20k and then bought a car 10k.

But now that have a new job, I can save 15k towards a down-payment AND not have to live with 6 roommates. I think I'd be happy in a couple years at 60-65k. My SO would like to see me closer to 80 but like, we'll see haha. I still want a life.

[Smoke-n-Growls]

I'm a believer in the study that shows happiness doesn't increase much past $75k. Though with today's inflation and COL rises, I'd go for the upper echelon of $90k.

Of course I'd take more, but I figure I'd choose the first step that reached that "satisfaction" level.

If my cost of living is such that $75k isn't enough to be satisfied, something's gone horribly wrong.

[Not_Average]

I honestly don’t know if I’ll ever be fully satisfied with any particular net worth or income- which I realize is extremely unhealthy. Although I think having a lack of money is even more unhealthy. Don’t really know how to break the habit tbh, but money has brought a lot of great things into my life for me and my loved ones. It buys freedom which is the most important one. With online trading, online networking, and so many online access points for investments and business opportunities... I feel like I’m playing digital monopoly, but in real life. It’s fun and I enjoy it. The problem with chasing money is that once you have it, you want more.

I think a possible tipping point for me will be when I have kids. At that point, I’d just want to be able to focus on being the best dad I can. Be satisfied enough to simply afford a nice lifestyle that grants me the ability to spend time with them and give them a great life.

[Gafgorkion]

I am very satisfied with what I make now which is about $54,000 US. I live in a very low cost of living part of the country. My apartment is only $650/month, and it's nice apartment, not a ghetto apartment. I actually only spend about 60% of my income and save the other 40% in various savings and investment accounts. So I already make quite a bit more than I actually need.

[SueShe]

Let's see:

Rent: $800/month = $9,600/year
Food: $200/month = $2,400/year
Healthcare: $200 month = $2400/year
Bicycle & public transportation $60/month = $720/year
Clothing: $60/month = $720/year
Unforeseen: $50/month = $600/year
Education: $80/month = $960/year

Sum of all expenditures: $17,400

Let's round it up to $20,000 per year. That is all I really need and aim for.

[hellionthesagereborn]

75,000 a year only because at that point your covered for emergencies and you don't have to worry about money anymore. If we are talking life style wise, I fantasize about living in the woods so. . . money isn't really a factor for me as far as personal life style is concerned.

[Unit1]

100.000,00 EUR and above 😍

(Women would be unable to resist me 😏😏😏😁😁😁)

Watch out! Here they come!

[Anonymous]

Depends where you live and the cost of living! For me it's over 105,000 EUR a year... with decent house and appartment prices well over 1 mil it's the only way to call something yours! But generally would be happy with having net 2k left a month, for travelling and enjoying the time!

[Denial1984]

Many of the best things in life are free. I think working to deprogram yourself from materialism can provide much happiness and meaning. The so-called "developed world" is very consumerist. But there is less community than in the past. I think this ultimately leads to poorer lives, despite material wealth.

[Levin]

I could live pretty comfortably on £40K. Low cost of living here. Plus money isn't that important to me.

[andreasderjuengere]

Monthly expenses plus ca. 5% play-money would be my minimum expectation.
As I'm not in the U. S., a ''dollar-number'' is not applicable here.

[pingiluv]

I want at least 150k after taxes but that might be impossible. After getting my degree it will put me between 75k-150k depending who hires me. But after taxes, and in California its about 30-40% so... I won’t make that at all.

[ibodi]

Depends how you know yourself. Like I found some poor leftist they just earn much but spend more. So they need money.
It is like some side of life.. I am still lazy to go out for shopping but foods for survive
I think A is enough actually.

[Redstang88]

125-140US is attainable in my career, there are paths to make like 250-280 but I’m not sure that’s where I want to go

But I plan to use that to build passive income so I don’t need to work until I’m 65, I could get by on less otherwise

[CurlyGirl42]

Giving my education and the type of job I look for 60k is expected as a minimum. But I would have no problem living for less, like around 40k is sufficient.

[MCheetah]

G, to be honest. And I'm not being greedy; I'd just want to live and work in New York City (prior to 2020's COVID, I guess), so that's pretty much required to be able to afford Manhattan.

[slatyb]

Between investments and Social Security I'm hoping to have more than $105,000 in income in retirement.

[Whatthefluff]

Depends on the cost of living and utilities where I resided. But I'd prefer that should I possess a college degree, I'd be making $50k-$70k.

[JEndigoBleue]

If don't know how to manage money, you'll never be satisfied at any amount.

[modelUN242]

Taxes cut a large chunk of it, so I guess the more income the better.

[DrAdams]

I make just around $110,000 per year and satisfied. Allows to sustain me and my wife's lifestyle.

[Apple1996]

I'd be complete statifyed with anything above 60,000

[Alexandrubaschet08]

i will want 100.000 EURO/month
121.655 USD/month
88.607 GBP/month

[SuccessfulHornDog]

I think that this really depends on the cost of living wear we live. Some places the cost of housing is triple that of other places

[Jamie05rhs]

I don't know what any of those mean. But I would be satisfied with $12 an hour.

[yucel_eden]

I make around 80k in USA dollars

Target is 120 in a few years

[tartaarsaus]

€40k is a pretty decent wage to start with. In the long run, perhaps €70/80k?

[Anonymous]

id be comfortable at about 50, but i earn over 300k annually. All but about 60k of it goes into savings.

[GoodGuyBreakingBad]

Even $30, 000.00 would be fine with me

[DavidFox]

Over 105

[msc545]

Over 120,000