Depends of where you live and what your definition of what your standards are.
If you compare to the rest of the world, you would be very wealthy in most of the world. In most of Asia or Latin America or Africa you would be laughing.
In some Wester countries you would be well off assuming you are smart with your money. Depending where you live.
In some cities like New York, San Fran or Vancouver you will get by alright. Depends on expectations. I known people who plow through cash because that’s their lifestyle. I do not relate.
It sort of depends, since many people get into the mindset of spending more, the more they earn, sometimes irresponsibly. Personally, I go out of my way to spend well beneath my means, do not throw money on fads and got the party lifestyle out of system a long time ago, so 200k would be plenty which would allow for savings for larger purchases like property or investments. Especially if your partner contributes to the treasury.
Depends of where you live and what your definition of what your standards are.
If you compare to the rest of the world, you would be very wealthy in most of the world. In most of Asia or Latin America or Africa you would be laughing.
In some Wester countries you would be well off assuming you are smart with your money. Depending where you live.
In some cities like New York, San Fran or Vancouver you will get by alright. Depends on expectations. I known people who plow through cash because that’s their lifestyle. I do not relate.
It sort of depends, since many people get into the mindset of spending more, the more they earn, sometimes irresponsibly. Personally, I go out of my way to spend well beneath my means, do not throw money on fads and got the party lifestyle out of system a long time ago, so 200k would be plenty which would allow for savings for larger purchases like property or investments. Especially if your partner contributes to the treasury.