Originally Posted by Bigdawg
This got me thinking. I would take 100K/yr living where I live (Chesapeake Bay) before I would take 200K/yr in say San Fran. But, I guess if I had 200K/yr in San Fran I could always move to Chesapeake Bay area. I have buyers remorse with almost every purchase so doubling my yearly spend would not make me feel any better.
Yep, IMHO it's what you have to spend over your normal level of spending.
In a LCOL area with a paid-off home, our normal level of spending is only around $50k/year.
So actually going out & spending $100k/year would be FatFIRE for us.
Though not so much in a HCOL area for a homeowner paying ~$20k of that annually in property taxes...versus only ~$2k here.