[quote=temeculaguy]If you want to live in So cal, then Temecula is about as close as you can get to what you are looking for. 300k will get you a nice house here but I think 75k a year would be the minimum to get by, 100k and you are comfortable.[/quote]
Are you talking after-tax dollars? At $100K, you are talking 100/12 = 8.3K per month. That is a lot more than I would need, I think. Perhaps I lack the same tastes/interests? 🙂
I live comfortably now, and my costs are roughly:
* $2K per month credit card (which is almost all spending, including most monthly bills)
* mortgage and property tax
Occasionally there is a bump if I want to buy something like a new computer, tv, etc.
I’m not factoring in health insurance. I don’t know how much that will cost per month.
I would like to think $5K per month (after tax) would be plenty. There is always that investment cushion that can be dipped into if necessary.
