According to The Happiest People Alive, If You Are Happy, Are You Successful?
Economists propose ~$75k is the yearly max income for happiness. I would bump this up to ~$250k per year for coastal city residents to account for higher living expenses.
Since a lower to middle-class income in San Francisco is equivalent to an upper-class income in middle America or most Sun Belt states, this is a financial precaution to follow.
Whatever the golden target may be, it has to work for you and not become obsessive, but rather just a goal. After your basic needs are met and you feel secure, happy, loved, and supported, your happiness will slowly plateau after every materialistic item you buy.
Read the full article here.
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