Rave-Unicorn-Votive t1_jef026f wrote on March 31, 2023 at 3:11 PM

It's probably a better question to ask if 30% is realistic for a V/HCOL area. It's usually not and 40% isn't uncommon at all.

If the delta between base and total comp is 100% discretionary, I'd use the base for calculation purposes. But 35% of base on rent isn't financially reckless either.

eadgbe1994 OP t1_jef1un0 wrote on March 31, 2023 at 3:22 PM

Thank you. I’m contractually obligated to receive 3% of profits every quarter (small company so it’s not a huge amount, but still very fair) which is why I can say with certainty that my 2023 gross pay will be more than $76k - just a bit of a question of how much.

I agree that I’d be comfortable at 35% given the circumstances.