this post was submitted on 30 Jan 2024
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60k is about 30-35k after taxes and mandatory insurances, depending on your tax class (Single, Main earner in a marriage, ...). Your questions: Yes if you're not in a particular expensive town., No, unless you've got huge savings or an inheritance. Depends on what you want for your family - you might get by well if you're living in a LCOL area, otherwise... Not so much.