The caveat is stated above: in a large expensive US city where a lot of these high paying tech jobs are.
Over 50% of that $160k floor is eaten up by just housing and private or ACA insurance.
So your housing costs for like a 1k-2k sqft spot, all in (rent, or if owning then insurance, upkeep, etc) costs you something like $50k+, your health insurance for two people on ACA costs you like $40k yr assuming kids are out of the picture (more if not), and you have a decent chunk leftover to spend on living a decent life, but not like egregiously large amounts. You're not flying first class, probably not taking more than 2 big vacations a year, driving nice but not crazy expensive car, etc.
If you elect to leave the big expensive US city, then of course you can do it with substantially lower amounts (especially so long as you can swing ACA subsidies and are willing to risk your "not-working-class" existence on the whims of the govt continuing that program).
Obviously if you live in some place (read: everywhere except the US?) where the floor for medical costs of two people not working but still having income from capital isn't around $40k/yr, then the amount can go wayyyy down.
Over 50% of that $160k floor is eaten up by just housing and private or ACA insurance.
So your housing costs for like a 1k-2k sqft spot, all in (rent, or if owning then insurance, upkeep, etc) costs you something like $50k+, your health insurance for two people on ACA costs you like $40k yr assuming kids are out of the picture (more if not), and you have a decent chunk leftover to spend on living a decent life, but not like egregiously large amounts. You're not flying first class, probably not taking more than 2 big vacations a year, driving nice but not crazy expensive car, etc.
If you elect to leave the big expensive US city, then of course you can do it with substantially lower amounts (especially so long as you can swing ACA subsidies and are willing to risk your "not-working-class" existence on the whims of the govt continuing that program).
Obviously if you live in some place (read: everywhere except the US?) where the floor for medical costs of two people not working but still having income from capital isn't around $40k/yr, then the amount can go wayyyy down.