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Old 10-12-2024, 07:57 AM   #7494
supafamous
RS has made me the bitter person i am today!
 
Join Date: Mar 2011
Location: Vancouver
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Quote:
Originally Posted by EvoFire View Post
^ I don't know man, we make 270k annual household and we are paycheque to paycheque, so that figure is probably a bit skewed. 270k isn't A LOT of money and it's solidly midpack among people I know. It's probably solidly midpack here on RS anyways considering some of the fancy shit you guys drive.
Dude, $270k household is around top 2% in HHI in Canada and even adjusted for Vancouver COL it's going to be no worse than top 5%. You're more than double the median HHI in Vancouver too. If you're paycheque to paycheque at that income level it would probably be advisable to sit down with a financial planner (https://www.valueofsimple.ca/links/d...only-planners/) to see where you stand financially both in the day to day but also for retirement.

I hired one this past summer (cost me $6k) and the advice and plan was worth far more than the cost - it was a big investment of my own time and my wife was skeptical at first but it was the best use of $6k I've had in years.


Sources:
https://www.springfinancial.ca/blog/...da-by-province
https://en.wikipedia.org/wiki/List_o...usehold_income
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