If you live in an expensive city and do not have a proportional salary, obviously you are going to save less.

> Ok, are you assuming their spouse is also in tech and making at least similar?

Yes, suppose spouse contributes to household expenses, but assume separate savings and investments for this calculation. Do you see you'd easily get to 100k saved?

The difference between having a large fraction of your savings in your bank account versus invested for the last 10 years can be quite a few millions, which is what most commenters here are failing to see. I'm sure the story was different between 2002 and 2012, but that was not what I talking about.

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matwood 2 hours ago | parent [-]

Ok, so you need 2 people working in tech making near top end salaries for the area? You do see how this simple idea of saving 100k/year isn't so simple for anyone outside of FAANG?

	▲	fooker 2 hours ago \| parent [-]
		What's a realistic number in your opinion? I managed to save about 100k per year in Denver and Salt Lake City with mid tier tech and govt lab jobs. I'm suspicious of the claim that Atlanta is significantly different. From what I have seen, it's usually bad financial decisions. And for context, saving about double that during and post COVID by obtaining a remote job where the employer does not discriminate by location too much other than for maybe career growth.