I think it depends on how you measure happiness and what your lifestyle is like.
I'd be pretty miserable on less than $100k and would have to give up alot of the things I enjoy. I spend alot of money entertaining others, gifts and travel that add to my "happiness". It will give me ALOT of happiness to send my 2 nephews to college without them having to incur any debt.
But I've made well over $50k a year for the last 20 years. So I guess part of it is where you are coming from.
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