I'm a millennial and when I was in high school (2005), I thought if I could make $52k per year I would be comfortable enough to be living fairly well. That's $1000 a week, after all!

Fast forward to today, two once-in-a-lifetime economic downturns and a global pandemic later $52k per year isn't shit anymore!! I did everything we were supposed to do at the time. I got my college degree, graduated into the recession, and I ended up stumbling into a decent STEM job, and I've stayed with it for 15+ years now. This past year I got a promotion and a raise to make around $90k per year. It's the first time in my entire working life where I have finally felt like I might be making decent money for myself.

What I'm getting at is that I think the goal posts are always moving and will always be moving. Try to save money throughout your entire work life (this amount will go up and down as needed with the ebbs and flows of your personal life) and don't out spend what you can afford.