Yeah... I literally don't buy it.
High Cost of Living city has nothing to do with needing $500k/yr in earnings (post tax). What kind of mortgage and car do you have that?
Simple answer... that's a $10M house or a $2M car or half of each of those.
Besides the fact that if you're earning $1.2M salary, you're taking home other bonus/stock that are comparable. Getting locked into this sort of lifestyle is a choice not driven by need. A drug dealer in "low cost" Detroit or Sinaloa might make the same claims...
Besides the fact that if you're earning $1.2M salary, you're taking home other bonus/stock that are comparable. Getting locked into this sort of lifestyle is a choice not driven by need. A drug dealer in "low cost" Detroit or Sinaloa might make the same claims...