When I was a kid, $100,000 sounded like an impossibly large sum of money. Even when I started working at my first professional job with an entry-level salary of $32,000, I thought that making $100,000 would allow one to be comfortably upper-middle class. I’m sure I’m not alone; a “six-figure salary” was, for a long time, shorthand for a “well-paid job.” But in 2024, with the cost of housing and childcare (not to mention inflation on basics like food), a family making $100,000 a year can have... Read this story
