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#1 |
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Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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And how do we know that everyone in this survey included their automatic deductions? A lot of people probably don't even know how much goes into their 401k every month.
Last edited by Homeslice; 03-26-2010 at 12:29 PM.. |
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#2 |
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AMA Supersport
Join Date: Feb 2009
Posts: 4,756
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I don't know what the survey includes or doesn't. I also don't know if it counts company matching as savings. I'm just working with the numbers as they stated them. Those numbers indicate the average middle class person is going to be in pretty shitty shape when it comes to retirement.
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#3 |
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Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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Most married riders I know, who are in their late 20's or early 30's.......Based on their occupations I'm gonna guess they pull down $120-150K between the two of them.........And in addition to a bike they typically have 2 vehicles, a truck and a car, like a Titan and an Acura TL........Not $45K rides.
I guess if they lived in the Midwest things would be different since they wouldn't have a $400K mortgage.
Last edited by Homeslice; 03-26-2010 at 03:30 PM.. |
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#4 | |
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Moto GP Star
Join Date: Feb 2008
Posts: 12,156
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Quote:
Many, many, people have $400K+ in the mid west. I live in a poor neighborhood and that's where my house is valued at.
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#5 |
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Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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Of course, but I was talking about riders.....Who are 28-35 on average. And people in that age group typically don't buy large homes, especially if they don't have kids yet.
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#6 | |
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Follower
Join Date: Nov 2008
Posts: 5,549
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Quote:
A nicely equipped TL prices out right at $44k. A loaded Titan just under that.
__________________
Racing For Smiles |
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#7 |
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White Trash Hero
Join Date: Mar 2008
Location: NW Arkansas
Moto: Buell 1125R Porco Rosso Edition
Posts: 4,895
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I know. I was shopping pretty serious and anything full size and remotely equipped is 30K no kidding. Sure you can get by with less and I will have to, but you have to work hard to finance a decent ride down in the 21-25K range...
__________________
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#8 |
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Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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#9 |
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AMA Supersport
Join Date: Feb 2009
Posts: 4,756
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In that price range I would go Mazdaspeed3, but I think you are talking about full size trucks. I agree that have to get a pretty stripped down model to come in under $25k.
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#10 | |
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Elitist
Join Date: Nov 2008
Location: SF Bay Area
Moto: Gix 750
Posts: 11,351
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Quote:
In any case, the cars I mentioned are on the higher end of what I see being owned by fellow riders. I know only 2 riders whose cars are more expensive than that. I'd say the average is a 3-year old Tacoma and a 3-year old Altima or WRX (with 18-inch rims and a few mods of course, but nevertheless......) This, for couples who pull down substantially more than the $81K cited in the article. Last edited by Homeslice; 03-26-2010 at 04:13 PM.. |
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