140K is comfortable. I read a money book and the author agreed this is where things get good.
The problem with this thread, is we're going to have a bunch of single people come in here saying they can live on 25k. Yeah, if you're single.
Family = 150k
Single college kid = 50k
A family can live on 80K, but you break even at this point. Bills to run a house are 3-4k a month.
See the difference. The college kid thinks 50k is plenty, so they stay in the shitty service level jobs not realizing you will have a family one day.
If you daughter gets into horse jumping, then the sky is the limit. People at horse shows in Wellington Florida live in multi-million dollar homes, travel around the world going to shows, and have horses that are worth 6 figures.