Reply #145: Even those of us with modest investments [View All]

[MissB]

and retirement savings aren't that far away from financial ruin. It takes one big job loss and one big medical disaster for most families.

Other than mortgage debt, we don't have debt. You're not being realistic if you think that making $100k a year and owning a home in my area means I'm living above my means. It is actually quite laughable, considering I've calculated the cost of my making focaccia bread (hey, only 12 cents a loaf!!! Woohoo) and raise chickens. :rofl:

I can't cushion enough from losing a breadwinner from some horrible medical disaster. No one can. Don't fool yourself.

$100k isn't some magical mark where you start hiring housekeepers and limo drivers and going to the club for Sunday brunch. It may mean a more comfortable living in certain parts of the country, but in an urban area with high housing costs, that $100k does dick.