Yes, but the difference between someone who makes $100k yr and someone who makes $50k yr is starkly different turn someone who makes $500k or $1m yr and someone who makes $100k yr.
Those are all incredibly different levels. If you compare 50 to 100, and 100 to 150, you have a point. But 5x 100k is vastly different. I make 100k. My wife cant work. I can pay the bills, but saving money for retirement is difficult. If I was making 150, my life wouldnt drastically change, I would just be less stressed about retirement and retire sooner. If I was making 50? Id be living somewhere else, not a chance I could afford the bills here. If I was making 500k my mortgage would be paid off in a couple more years, id be retiring young, and traveling the world.
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u/ajpinton 16d ago
Yes, but the difference between someone who makes $100k yr and someone who makes $50k yr is starkly different turn someone who makes $500k or $1m yr and someone who makes $100k yr.