how far would you move away for a 100k job?

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Engineer

Elite Member
Oct 9, 1999
39,234
701
126
I wouldn't (and my wife and I don't make that much together now). The next move I make will be to sell my house, downsize to a much smaller one and use the money to help retire just that much earlier (can't wait).
 

TheSpy007

Member
May 29, 2003
181
0
0
Considering the mean household income in the US is around $45k, i would move anywhere. 100K a year is still alot of money.
 

brianmanahan

Lifer
Sep 2, 2006
24,303
5,732
136
I wouldn't (and my wife and I don't make that much together now). The next move I make will be to sell my house, downsize to a much smaller one and use the money to help retire just that much earlier (can't wait).

good plan :thumbsup:

i am hoping to save enough to retire by the time i am 40
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,135
1,594
126
The thread is pretty interesting because it's obvious when it comes to moving, money isn't a motivator for most. In fact, most people would probably be unwilling to move a significant distance for ANY reason.
 

brianmanahan

Lifer
Sep 2, 2006
24,303
5,732
136
The thread is pretty interesting because it's obvious when it comes to moving, money isn't a motivator for most. In fact, most people would probably be unwilling to move a significant distance for ANY reason.

part of me would enjoy moving just for the change, but i would feel bad since all my family is here

have had some really good job opportunities come up (long term consulting @ 100$/hour) but did not pursue because they were a couple states away
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,591
5
0
Been in 49 states. Worked in 24 states.
Moving for work allows excellent chance to see country
 

shortylickens

No Lifer
Jul 15, 2003
82,854
17,365
136
Definitely across the country. Possibly around the world.

And I'd try to save most of it. I did some math and if I wanna retire the way I like, will need to make 100 grand for many years and keep as much as possible in an IRA or something. A matching IRA would be ideal.
 

iGas

Diamond Member
Feb 7, 2009
6,240
1
0
I would move pending on where the place is, living expenses, and the salary have to be substantially more than that.

There are contracts that I can pick up in Canada North West Territories that is slightly more than 2X the OP offered salary. It is very tempting, but I do not think that I can live for 3-4 months a year in -20C or colder in complete darkness.
 
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iGas

Diamond Member
Feb 7, 2009
6,240
1
0
Definitely across the country. Possibly around the world.

And I'd try to save most of it. I did some math and if I wanna retire the way I like, will need to make 100 grand for many years and keep as much as possible in an IRA or something. A matching IRA would be ideal.

Easier said than done, because you will find ways to spend it all.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,656
687
126
I wouldn't ever move for a job unless it was somewhere I REALLY wanted to live, and I can count those places on one hand.
 
Feb 19, 2001
20,158
20
81
To a nice place only. I could probably change jobs and get that if I wanted. So not sure. Tack on 25k and I might be willing to move further somewhere in the US.


I wouldn't (and my wife and I don't make that much together now). The next move I make will be to sell my house, downsize to a much smaller one and use the money to help retire just that much earlier (can't wait).
but you're an engineer....lol
 
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alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
Definitely across the country. Possibly around the world.

And I'd try to save most of it. I did some math and if I wanna retire the way I like, will need to make 100 grand for many years and keep as much as possible in an IRA or something. A matching IRA would be ideal.

It'd be nice if it was possible to save most of $100k Even without a car payment...just a reasonable lifestyle and mortgage payment is more than most of it a year. I'd say $100-150k is the critical mass though in most areas of the country and once past that it's more gravy that can be saved.
 

brianmanahan

Lifer
Sep 2, 2006
24,303
5,732
136
Definitely across the country. Possibly around the world.

And I'd try to save most of it. I did some math and if I wanna retire the way I like, will need to make 100 grand for many years and keep as much as possible in an IRA or something. A matching IRA would be ideal.

no way to use just an IRA and retire any time soon, it only lets you put in 5000$ per year

you gotta max 401k + roth IRA + i bonds each year, plus buy some taxable as well
 

brianmanahan

Lifer
Sep 2, 2006
24,303
5,732
136
It'd be nice if it was possible to save most of $100k Even without a car payment...just a reasonable lifestyle and mortgage payment is more than most of it a year. I'd say $100-150k is the critical mass though in most areas of the country and once past that it's more gravy that can be saved.

i make under 100$k and manage to save %60 of gross

but i dont lease an m3 :awe:
 

jlee

Lifer
Sep 12, 2001
48,513
221
106
I moved across the country for the weather. Almost anywhere else in the country would be closer to family.
 
May 16, 2000
13,526
0
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If it was somewhere I desperately wanted to go (Ireland, New Zealand, Alaska) I'd move for a $30k/yr job once my responsibilities here are done. If it was somewhere I didn't want to be I'd require about a million a year so I could retire after one year. If it was somewhere I REALLY HATED it'd take me about a million a month so I could retire after one month. If I disagreed with the job itself then no amount of money would get me to move, no matter what.
 

rchiu

Diamond Member
Jun 8, 2002
3,846
0
0
1) I wouldn't just look at the current salary, I'd look at the company, future advancement opportunity, and if I like the job.
2) Are you talking about leaving family like wife and kids, or family like parents and siblings? Leaving wife and kids - huge issue. Parents and siblings? Doesn't matter even if you are half way around the world. Friends? lol, you can make friend anywhere....
3) Florida is not half bad comparing to some other states....
 

Oil

Diamond Member
Aug 31, 2005
3,552
4
81
Depends on where the job is. I already make that much now so if it was in a city I'd rather live in I might take it
 
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