That's pretty much the amount I make right now. But after you account for tax it's only about $38k. Of course I want more than that otherwise I wouldn't be here. Could I be happy with $60k? Sure, I could be happy with nothing. Happiness is purely a state of mind and has nothing to do with my finances. Of course, it would depend on where I live as well. If I wanted to be truly happy with a lower income, I'd need to move somewhere with a lower cost of living.