How much money should be considered as financially stable as a single adult and for a future family?

[Anonymous]

[petitedollbabee]

$50,000 per year. Typical income here is $36,000 per year, but if you’re a single parent and a one income household, then $50,000 would be better.

[Asker]

Thank you, I was wondering because I wanted to secure financial stability for myself before I could think to start a family so I thought when I make enough. I wondered how much money would be enough to consider financially secure on my own first then after when I begin a family?

[slatyb]

That depends entirely on where and how you want to live. Housing costs vary widely by location.

[Anonymous]

I'd say 60k would do it single and 100k family at a decent minimum

[Asker]

Thank you, I also have plans of wanting to create generational wealth as well

[Anonymous]

40,000-60,000

[Asker]

Would that be enough of my own in the United states as a 20 year old adult to be financially secure?

[Opinion Owner]

For sure. And are you 20 or 22

[Asker]

I’m 20

[Asker]

I also have plans to start a generational wealth too