What’s a ‘good salary’ these days?

[Falalaalalalalaaaah]

inside and outside London?

When I was younger, I always thought 50k+ was a ‘good salary’, finally made it up there and I feel money slips through my fingers faster than when I earned half that.

dont get me wrong, high interest rates, inflation and cost of living, children and lifestyle inflation have all played a role. But it got me thinking, as the term ‘good salary’ is used quite loosely, what do people mean with that broadly? And what’s the difference inside and outside London.

disclaimer to say I’ve worked In London, but never lived in London.

Yeah I can attest to this, it was the reason I stopped working in London. I was blown away by how costly the train tickets were

We have both retired, early at 55 and 56 I retired a few years ago and DH has just retired. We are up North. Our best years were a combined income of 95k just before I retired. We were in top 5% household income for a couple of years. We bought our house in 1999 when it was still really cheap.

We made a decision to not live in London, I did briefly when very young and DH went to school in London commuting in from Surrey. As we were on a National pay scale we knew our money would go so much further out of the overheated SE where we both grew up.

In all this what we wanted to buy was time and that’s what we have done.

If in London over 100k