[BlueTemplar]

Since when "minimum wage" means "sensible retirement" ?

More like it means ending up with government-provided bare minimum handouts to not have you starve (assuming you somehow manage to stay on minimum wage all your life).

[lamename]

We agree, minimum wage doesnt mean that. And in a large metro area, that's why $120k is closer to min wage than a good standard of lliving and building retirement.

[tekla]

Absolutely absurd. I lived in NYC making well less than that for years and was perfectly comfortable.

The "min wage" of HN seems to be "living better than 98% of everyone else"

[lamename]

Adjusted for inflation? Without (crippling) debt accrual and adequate emergency fund, retirement, etc? Did you have children or childcare expenses? These all knock on that total compensation quickly these days, which is the main argument in this particular thread of replies.

[tekla]

No to kids, yes to everything else (except debt, did have lots of school loans)