Comment Re:Pipe-dream Utopia (Score 1) 888
"There was one dubious study that claimed that $75k maxed out 'happiness'."
Not maxed out, but I think that is about right for the inflection point on the diminishing returns curve.
$50k to $75k was a noticeable bump up in happiness. $75k to $100k was a lesser bump. If I could drop 20% of my salary for 20% less hours I would do it. A massive raise to $200k would have only a minor effect on my happiness, and that would be limited to the extent that it might let me retire sooner.
Note that I live in an area with reasonable housing prices and in a state with no income taxes. The inflection point is not a constant for all circumstances.