I live on one of the Coasts, have a family of 4 + dog + 3 cats. My kids go to public school and I live in the town where people are not getting killed for just standing on the corner. I also pay my taxes, my wife and I both working very hard to give good life to kids and our selves. So where is...
Still in the Costs it is about 100 - 120k minimum after tax. Also inflation and medical costs will increase this amount every year. I'm sure in other parts of the country it can be much, much less. I know a guy in Ohio making less then that and even being able to afford a nice house.
Good luck.
Depends what part of the country you are. On the East and West Costs you'll need a minimum of 100 - 120 k net after tax to live compfortably. In addition you'll need a good chunck of cash safe in the bank to cover your living expences for 6m to a year if the trading is not going too well (it...