[garciasn]

FAANG or some company in a high-rent area where you could most definitely not save that kind of money, as far as I know.

And, I love how making $125K is some sort of great salary. I live in MN and while it’s above the median HHI for the state, it’s by no means a comfortable enough wage to save that kind of money unless your housing is covered by family or something.

Here in the MSP metro, you’re looking at $2500/mo for rent + utils or $3500/mo for mortgage + utils for what’s a pretty average living arrangement. Unless you’re making $200K+ you’re definitely not saving shit.

[scarface_74]

Using paycheckcity.com, I see that a $125K gross salary is $7360 a month in MN. If you max out your 401K, that’s still $5988 a month.

The median household income in Minneapolis is around $77K and they are somehow surviving.

[surajrmal]

It's amazing how out of touch people are. It's one thing to say your lifestyle choices make it hard to save money at that income level, but it's certainly also true that many folks are perfectly able to save a lot at that income level. Out of college, rent in my area was $1500 for a one bedroom, but I was able to rent a house with a few friends for $800/month per person. Even with frequent eating out and outings I saved up over half my income per year, making under 100k the entire time. If you want a really nice car, travel a bunch, or similar, or live alone, I'm sure it gets much harder to save much, but those are lifestyle choices.