What do people consider to be a 'high income earner'?

Discussion in 'Property Market Economics' started by BB91, 25th May, 2017.

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  1. ozhiker

    ozhiker Well-Known Member

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    Wow thats an epic 'necro' of this thread 4 years later :cool: just my 0.000002 BC
     
    ozhiker, 15th May, 2022
    #141
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  2. Redwing

    Redwing Well-Known Member

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    upload_2022-5-15_22-35-24.png

    Actually, I oft go trawling through older threads

    upload_2022-5-15_22-36-33.png
     
    Redwing, 16th May, 2022
    #142
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  3. MTR

    MTR Well-Known Member

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    MTR, 16th May, 2022
    #143
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  4. wylie

    wylie Moderator Staff Member

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    wylie, 16th May, 2022
    #144
  5. Justin_Z

    Justin_Z Mortgage Broker Business Member

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    Justin_Z, 16th May, 2022
    #145
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  6. ozhiker

    ozhiker Well-Known Member

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    ozhiker, 16th May, 2022
    #146
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  7. lynchy

    lynchy Well-Known Member

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    $10,000 a month after tax is $200k per annum let alone what it would be per annum after non lifestyle expenses...far in excess of one quartile above the median
     
    lynchy, 17th May, 2022
    #147
  8. Beano

    Beano Well-Known Member

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    Rich is someone who has income well in excess of yourself.
    When you get to $10k you will soon realise it is not much at all and many of your friends earn much much more :D
     
    Beano, 17th May, 2022
    #148
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  9. Hetty

    Hetty Well-Known Member

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    I think $200k is high. But then again school principals aren’t even on that so maybe $175k?
     
    Hetty, 17th May, 2022
    #149
  10. Beano

    Beano Well-Known Member

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    To think that you must earn less
     
    Beano, 17th May, 2022
    #150
  11. Squirrell

    Squirrell Well-Known Member

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    Nice to see rising rates for it pjct managers. Reckon its jumped 150 to 200 per day over the last 18 months.
     
    Squirrell, 17th May, 2022
    #151
  12. Dmash

    Dmash Well-Known Member

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    High income would be $400-500k plus.
    C suite top end roles/senior partner in large firms $1.5m+
    Stratospheric income $5m+
     
    Dmash, 17th May, 2022
    #152
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  13. David_SYD

    David_SYD Well-Known Member

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    High income earners: I’d have said $350k plus
     
    David_SYD, 17th May, 2022
    #153
  14. lynchy

    lynchy Well-Known Member

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    I’m there already and don’t consider myself a particularly high earner. I am a partner though and I would hope most of my future income is derived from profit share in the business
     
    lynchy, 17th May, 2022
    #154
  15. RobS1993

    RobS1993 Well-Known Member

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    High income is entirely dependent on your goals, lifestyle and who your friends are (psychological anchoring)

    Three main variables:

    - Lifestyle
    - Cost of home
    - Retirement planning

    We are on 500k combined income as DINK, which is not very high if you want to A. Buy a free standing home in a nice suburb in Sydney and B. Retire early. But objectively it’s high on a percentile basis.

    We want to be retired and financially independent by our 40’s. Thankfully we plan to only live in apartments so our housing requirements are less.

    I have a friend that’s a private psychiatrist who earns significantly more than our combined income, so again don’t feel “high” in comparison.
     
    RobS1993, 17th May, 2022
    #155
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  16. SuperOlaf

    SuperOlaf Well-Known Member

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    You can check where you sit in the income percentile against every working Australians or people of your age profile in the link below.

    I think most of us here know we are in a very fortunate position, though it just doesn’t fell that way sometimes.

    https://povertyandinequality.acoss.org.au/income-calculator/
     
    SuperOlaf, 17th May, 2022
    #156
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  17. Hetty

    Hetty Well-Known Member

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    Yes I do, I’m a teacher
     
    Hetty, 20th May, 2022
    #157
  18. spoon

    spoon Well-Known Member

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    It's crazy! :eek:
     
    spoon, 21st May, 2022
    #158
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