YourTango

is $100,000 really enough to support a family in today's economy? Tik tok tiktok tiktoker Blair Allison isn't so sure she shared that she used to think making six figures would be a dream come true but now that she's actually living that life it's not at all how she envisioned and she pointed out the problems that we're all facing that cost of living is up while wages have stagnated for years all these problems have left Allison and many others feeling like $100,000 really isn't enough anymore for a family to live comfortably the median income in 2022 was $745 180 after after all and that's just the median which means a lot of us are making far less still the math shows that Allison is Right Financial expert Sam Doan for instance crunched the numbers and he found that families need more like $300,000 a year to actually be financially comfortable and remain safely within the middle class but it still illustrates how the median income at less than a third of that is a far cry from Financial Comfort these days and if the overwhelming response to Allison's video is any indication even people pulling down six figures are struggling in today's economy

Is $100K ENOUGH to support a FAMILY?