Seriously $50K? That would have to be excluding rent/mortgage, otherwise, they're living on fumes.
Cutting out all discretionary expenses aka no life would get me to about $60K. And that's excluding rent/mortgage. Throw in a modest o'seas holiday every year and one's easily beyond $100K pre tax. Add in school fees and you're....you get the picture.
Cutting out all discretionary expenses aka no life would get me to about $60K. And that's excluding rent/mortgage. Throw in a modest o'seas holiday every year and one's easily beyond $100K pre tax. Add in school fees and you're....you get the picture.