How comfortably could I live on $55,000 a year?

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Posted by Andrew Hancock (MONEY FORUMS: 4, Answers: 0)
Asked on May 8, 2016 8:53 pm
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It really depends on your standard of living. If you live in New York City with a partner and kids, it will be more difficult to be “comfortable” than living in a smaller city on the same amount. Being “comfortable” is also subjective. What you find comfortable may be different than someone else. I would look at your current expenses and see if $55,000 would be not enough, enough, or even too much to live on.

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Posted by Jessica Ozar (MONEY FORUMS: 2, Answers: 18)
Answered: May 9, 2016 1:14 pm
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