What household income supports this lifestyle ?

[Drealifegoals]

If your lifestyle looks anything like this please share with me what yearly household income you have!

please share mumsnetters, this is where I want to end up for my 40s and there are people around us living this kind of lifestyle but I can’t ask them how much they earn IRL!

dream lifestyle is:

3 holidays a year - one long haul two smaller European city breaks type
1 nice car bought outright - nothing majorly expensive around the 60k mark
coffee out for both adults x5 a week
lunch out for both adults x2 a week
dinner out every Friday - whole family two adults two kids
good Christmas every year
money for regular hair appointments for whole family
enough money for both kids to do sports and music out of school
nicely decorated house
monthly shopping treats for all family members maybe £50 each
Food shop from M&S
clothing to be mainly high street with the odd designer item thrown in for whole family.

no mortgage, no childcare fees, both children in state school.

Our combined income is just over 200k and nowhere near that lifestyle. 2 holidays a year (Europe) and maybe a long weekend, mortgage of around 150k left to pay on a £600k house, car owned outright but around £16k. But we are early 30s, we might be mortgage free by 40s. To be honest, I think the kind of people who buy coffees every day, lunch every day, dinner out every week are not the kind of people who will have cleared their mortgage by 40. We wouldn’t spend money like that, hence we have a lot to overpay the mortgage with

If it weren't for the car I'd say 80K. Buying 60K car's outright though...

We traded in our old car for 32k and paid 30k for one of our current cars. I paid 25k and traded in my old one for 5k.

But OP doesn’t have a mortgage. So maybe 200k before tax would be the magic number.

Except that there are no housing costs, and that's what makes London much more expensive. Eating out etc is also more but it's mortgage/rent that really drives up costs there.
I'm finding it really hard to visualise the amount needed if housing is free because mortgage paid if. I think that makes such a huge difference you could manage it all on a slightly above average salary unless the house upkeep costs were a lot. But usually people also have a mortgage and then you would need to be a very high earner to afford all that

AHH I misread that I thought it was 6k. I would slightly revise my own reply now...

We have most of the things on your list and net earn around 9k a month. We do have a mortgage though at £1k per month.
We’re not bothered by fancy cars as both work mainly from home but we do own 2 newish cars outright. We buy nice coffee for the house so wouldn’t waste that much on coffees. Do most of our shopping at local butcher, fishmonger, farm shop and M&S as good food (and nice wine) important to us. We ski twice a year normally and have a European beach holiday. But we also have very good pensions and hope to retire at 57. 2 kids, one in an apprenticeship and the other starting uni this year. It’s a balancing act of weighing up where you want to spend your money. I like to pick up nice bits of clothing on Vinted now rather than spend too much on clothes. We do spend about £300 per month on sport and activities as well.

Yes, I'd agree with this. Our take home is £7.5/£8k and without our mortgage (£2k) we'd be able to do all this.

Combined income of £300k with additional income stream. We can afford much but not all of the list. It comes with trade offs though. 30’s, 2 children.

lol..you desperately need to see a financial adviser

What can't you afford?

A butler..

Some of these answers are just silly.

The premis stated is no mortgage to pay (house owned outright due to inheritance), pension savings already in place from the same inheritance and no childcare fees - children in state school, no after school care costs.

I assume people pretending the wishes in the OP are not affordable on 300k a year have forgotten/ not read the premis and are assuming private school fees and an active push to overpay to get a huge mortgage paid off outright.

Even if the £30000 is being earned by one person, that's over £14000 take home per month.

The OP's wish list (which includes food) would cost 5-6k per month.

Of course people want to save and have other priorities, but that's not the question - what salary would someone theoretically need for that hypothetical lifestyle with the no mortgage, no childcare premis? It could be done on well under 100k if the OP didn't care about savings.

I'm not sure why, but it's very MN to claim to be a top 1% earner but not able to afford your bus fare home from Lidl.

At a quick glance I thought you said butter. I was going to agree, the price of butter has become quite silly.

It’s like two sides - either people are surviving on very little and I am in awe of how, or people who cannot cope with huge incomes and are clearly spaffing loads of money on flash clobber.