alt Hacker News> the difference between 200k/year and 800k/year didn't feel much day to day (other than the ability to buy a house or something, and feel safe with a retirement nest egg)
I can’t believe I read this sentence, lol.
800k is the ability to buy a house and support a family on a single income. Do you see so many people lamenting the days when this was possible? So many memes about the lifestyle Homer Simpson could provide, and may modern families can’t? 800k makes it possible.
It’s a huge lifestyle upgrade, especially if your partner wants to do something artistic, academic, or otherwise less profitable.
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While I mostly agree, $200k makes that possible too, if you play it right. For example, go remote, move to the countryside, let your spouse rear the kids or the dogs or whatever.
But yeah, "no difference between 200 and 800", while spelling out some MASSIVE differences is quite a statement.
This essentially describing the backward bending supply curve of labor:
https://en.wikipedia.org/wiki/Backward_bending_supply_curve_...
If someone has a 10m portfolio, it really is irrational to chase a higher w-2.
The real difference between 800k and 200k is the ability to work for 5 year and make 200k off interest for the rest of your life.