How good do you think a 300k-600k income is?

Question by A Dude: How good do you think a 300k-600k income is?
Middle class/upper middle class/upper class, etc?

What kind of lifestyle do you think you can afford with this type of income as well?

In usa

able to retire early and live off of investments, etc? Without having to be cheap before retiring
household income

Best answer:

Answer by Dr. Joe
First, that is a very broad range. Second, I assume you mean in US dollars. Third, you say in the USA, but not what part of the country. Fourth, you say household income, but not what size of a family. Finally, you ask about retiring and living off investments, but you do not indicate how much money is saved in investments.

Here is why it is important to be clear in your questions.

If you mean $ 300K for a family of 8 in New York city – that is maybe middle class. You need that kind of income to raise a large family in an expensive place.

If you mean $ 600 for a single parent with a single child in rural America (say TX, OK, or GA – which have very low cost of living), then that is a very upper class level of income.

In either case, the family could have a huge debt (i.e., no investments) or a large nest egg. So, without knowing more about the situation, it is not reasonable to simply answer your question as is.

What do you think? Answer below!

What is the proper way to ask an annoying elderly/retired neighbor to please keep the noise down before 8am?

Question by Should be Working!: What is the proper way to ask an annoying elderly/retired neighbor to please keep the noise down before 8am?
I just recently moved to a new neighborhood. I am coming from the country, so I am not used to having neighbors. I live next to a retired gentlemen who gets up at 5am and starts working on his house and lawn. He will be out there with his leaf blower at 5:30 am. He is driving me crazy. I am new to the neighborhood and do not want to stir up trouble by calling the police. What are my options? He is not very approachable.

Best answer:

Answer by Doug
First thing I would do is see if the town you’re living in has any noise ordinances. There might also be some sort of neighborhood organization you could go to or perhaps see how your other neighbors feel about it. A neighborhood letter to the gentleman might do the the trick. Good luck.

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Where ia a good place to buy a vacation home?

Question by HI: Where ia a good place to buy a vacation home?
I am looking to buy a vacation home for about $ 250,000. I want it to be a place that is warm and close to the beach in the south east United States. I am looking to rent it out when I am not there so I need it to be a good rental place. Does anyone have any suggestions on places that are affordable that would be great to retire to?

Best answer:

Answer by Ford Prefect
The best year round option for you would be Florida. Great weather and perpetual demand from tourists and retirees will bring in that rent. According to Brit TV you can buy a Completely furnished 3 bedroom house there for $ 210,000.

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How is living in Panama for a somewhat retired American citizen?

Question by asushigirl6: How is living in Panama for a somewhat retired American citizen?
My Mother is retired from the U.S. Air Force, now an ordained minister, and considering relocating to Panama (country, not the city in Florida state). What are the overall conditions and experience like there?

Best answer:

Answer by cool.panamania
Wonderful.You will not regret relocating there.You will be happy to know that the cost of living is a fraction of what it is here in the USA.

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