Ask HN: What steps can I take to earn $250K+?

Re:Ask HN: What steps can I take to earn $250K+? by panda888888 on Thursday July 12, 2018 @09:54PM (#17519994)

Step 1: Move to Seattle and find a job there. Purchasing power there is 38% higher than NYC. We'll say that your salary stays at 150k, but you'll realistically feel like you have 38% more. (Source: https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...)

Step 2: Buy a house in Tacoma. Don't buy in Seattle; the market there is in a bubble. Tacoma is an up-and-coming suburb. Cost will be ~300k for a livable house, or 400k if you want a nicer one. (Example: https://www.zillow.com/homes/for_sale/Tacoma-WA/49299981_zpi...).

You'll have an hour commute but that's not too bad if you're used to east coast commutes and traffic. If you buy a house close to one of the train stations, you can take the commuter train to downtown Seattle so you won't have to drive.

Step 3: Save as much as you can for kids' college/retirement/whatever.

Sounds pretty livable to me.

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Re:Ask HN: What steps can I take to earn $250K+? by koolba on Friday July 13, 2018 @06:49AM (#17521835)

$400K for a 1700 sqft house with no yard and a one hour commute sounds terrible.

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Re:Ask HN: What steps can I take to earn $250K+? by panda888888 on Tuesday July 24, 2018 @02:59PM (#17603940)

A $400k house and a 1 hour commute is better than 1.2 million house and 30 min commute (comparing living in Tacoma to living in Seattle).

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Re:Ask HN: What steps can I take to earn $250K+? by bartozone on Friday July 13, 2018 @12:16PM (#17524219)

I'd KILL for this. (Also, I live in SF).

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Re:Ask HN: What steps can I take to earn $250K+? by byebyetech on Friday July 13, 2018 @11:20AM (#17523659)

One hour commute each way? That would be terrible.

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Re:Ask HN: What steps can I take to earn $250K+? by panda888888 on Tuesday July 24, 2018 @03:00PM (#17603943)

That's better than what most people in SF/NYC have for a commute.

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Re:Ask HN: What steps can I take to earn $250K+? by haloux on Friday July 13, 2018 @01:45AM (#17520764)

An alternative is to do the same plan but with Portland Oregon and live in Vancouver or Hillsboro. Take the max in and out of the city.

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Re:Ask HN: What steps can I take to earn $250K+? by panda888888 on Tuesday July 24, 2018 @03:00PM (#17603949)

The purchasing power in Portland/suburbs is 20% lower, though. Seattle is still king for stretching your dollar.

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