FactsKeepHurtin posted...
Yes I already addressed that, since they are already contributing 10% to their 401K also. They would have $2K a month for other expenses.
Well they're in NYC, you really don't need a car. Student debt can come out of the additional $2K they have leftover. I mean I'm struggling to see how you need to spend over $2K a month on food, internet, streaming, utilities, etc.
I lived in Astoria and was in a 1 bedroom making less than $70K years ago, and I lived very comfortably. I cooked a lot for myself so that made eating very affordable, and I was able to afford a gym membership nearby. I'm not really sure what you're trying to prove here other than $80K is pretty good to live off of in NYC.
That was years ago, prices have gone up a lot since then. Also Astoria isnt a great area to live