A six-figure income isn't what it used to be, and a $400,000 annual household income isn't even enough for some people. A husband recently posted on Reddit (NYSE:RDDT) about feeling like his family is treading water despite their combined $400,000 annual income.
On paper, things look fine. The couple has $700,000 in retirement and between $500,000 and $700,000 in home equity. They even have $250,000 in cash and other investments, but it still doesn't feel like enough. Because of various expenses, the couple only feels like they are saving $25,000 to $40,000 per year.
