Why A $100,000 Salary Can’t Buy The American Dream

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You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

I'm 37 and have been working all my life to get to 100k per year. And now that it's on my doorstep, it's not enough. Absolutely ridiculous.

Now imagine those of us living on less/way less. It's exhausting

I wonder what the best opportunities to invest like 100K now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

100k is the new 60k

CEO wages have definetly kept up with the cost of living.

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

In 2007, it cost $680 to rent a 1 bedroom. Now it's $2300/month!

Put it this way, back in 2005, 48k was worth what 75k is today 😭😭😭

Leaving America is the new American dream. People are desperate.

I'm 50, and could retire now and live comfortably for the rest of my life; if I die next Tuesday.

I make $102k, it’s $64k after taxes and insurance. Yet all govt programs use your gross income for everything even though they know that isn’t what you make. It’s insane.

Ordinary Americans are suffering but mega corporations appear to be profiting more than ever. Something isn't right here....

I purchased my home in Woodstock GA for 92k in 2015 for a 2bed 2bath. I pay $565 for my mortgage. I realize how blessed I am to have it in today’s economy.

If my wife and i never invest another dollar, we will have 1.9 million at retirement. This is why people say to do everything in your power (Legally and morally) to get $100k+ invested in your 20s.

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

I made 80k before covid. Had about 1700 left over each month. Today I make 110k. I have about 600$ left each month while living a less luxurious lifestyle

I need to get out this rat race. Money is great, but I can't keep chasing it all my life. I'm just gonna forget the "American Dream" and focus on my dream. I don't need much nor am I asking for a lot. I gotta figure out how to do more with less

I make 16.50 an hour at a factory. I rent a small trailer to rent in a safe neighborhood for 750. I can afford groceries every week and have nice thrift stores nearby. I have an old Honda CRV with high miles but reliable and a river nearby to swim. And the library is close by. Life is simple. I am not expecting to buy a house, but maybe with a group of people I can. Im educated and want to create some kind of thing but going much slower and learning to be content with much less. Once you die to the American Dream and realize its just not going to happen it's not so bad. New goal is trying hard to not spend money and be pressured by consumerism. Still difficult not to do splurge. A fight against our materialistic culture.