As far as income is concerned, some of us have the skills to demand that kind of comp even in the current job market, but it's rare - and more rare now than it was 2-3 years ago.

As far as expenses, it's trivially easy to slash those expenses by about a factor of 3 by living somewhere other than one of the most expensive neighborhoods in the US, and in an area with a decent public school system. 2k/month on food is also insane even for a family of 4 and implies a lot of eating out. I feed myself and my fiancée on about $450/month even buying fairly expensive ingredients, but I enjoy cooking.

Some people are just used to a certain lifestyle and are able to support it, so they consider changing it to be unthinkable. I make similar to what the person you're replying to probably makes, but my expenses are about ~$65k/year, and that includes a decent amount of spending that I consider frivolous. It would not be hard to slash another $10k/year off of that with minimal sacrifice. Not until going down toward $50k/year or below would I have to start making serious compromises.

Source: https://www.visualcapitalist.com/mapped-the-income-needed-to...

Several millions of people in US make more than 500k, so it’s not really that rare.

$450/mo on food is probably insane for a homeless person in US, or for an average person in Uganda. Why not slash this amount to, say, $50? I’m sure you can do it if you decide to grow your own food on some remote land. Why don’t you “change your lifestyle”?

I spend 2k roughly 50/50 on groceries and eating out. Nothing fancy.

Bottom line: should I move to a shitty area, put my kids to a shitty school, and cook more (which I do not enjoy)? Why? So that whoever owns arsenal can buy an even bigger superyacht next year?