What would be a comfortable annual salary for a family of 4?
By comfortable I mean, able to buy my children nice clothes, a decent used car when they turn 16, and live in a nice home with a pool, and good schools.
I’m asking because I’m trying to decide whether i should choose the route of being a dental hygienist [2-3 years], like my significant other, or if i should go all out and go to pharm school for 8 years.
Between the two of us as dental hygienist, we would be making 0,000 a year before taxes.
[Average salary is 62,000 a year according to salary.com]
However, if i was a retail pharmacist, we would be making 0,000 a year combined before taxes.
I know for a fact that i could do pharmacy school, as i watched my mother do it with 3 kids, and butt load of debt.
What do you think?
I live in Oklahoma, which isn’t an expensive area compared to NY, or Cali.
So i think that 0,000 a year would definitely be enough to raise 2 children.
But a lot of that would be lost to taxes.
Is the extra 40k a year is worth the extra 6-5 years of schooling?
Should i just suck it up, and go to pharm school to try to provide the best i can for my future kids?
No nasty comments needed please, i’m just trying to figure out my life’s path.
Opinions and thoughts are appreciated.
He is still in school, so i don’t know if he will be making 60k just out of school.
I’m just going by what salary.com says is the average salary per year for Oklahoma.