The 120M aside, which is almost certainly pulled out of someone’s ass, $120k/yr isn’t that much. I’m sure that almost ever engineer at Apple makes more than that.
That’s likely the case for people who are renting and having to take out enormous mortgages so is draining all their income.
But, for someone who got a home fully paid from decades back, so all they have is general expenses they would be comfortable. Which is the case for anywhere even if things are more expensive then other places.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates.
(Submissions should be from the original source if possible, unless from paywalled or non-english sources.
If the title is clickbait or lacks context you may lightly edit the title.)
The 120M aside, which is almost certainly pulled out of someone’s ass, $120k/yr isn’t that much. I’m sure that almost ever engineer at Apple makes more than that.
I would hope all their engineers make more than that. For Apple that should be entry level.
120k in silion valley in particular is barely a livable wage. CoL is incredibly high there.
He probably owns his property already, so that’s a huge chunk, but the point still stands.
That’s likely the case for people who are renting and having to take out enormous mortgages so is draining all their income.
But, for someone who got a home fully paid from decades back, so all they have is general expenses they would be comfortable. Which is the case for anywhere even if things are more expensive then other places.
Like, he’s not going to be starving, but it’s not exactly megayacht level either.