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This is true if it is single income.after tax and deducted,
saying your family income is 200K/year, after varioius deductions and income tax, you may have a net of $9000-10000 /month.
95% canadian live sub-standard.a typical family with 4-5 may need 7000-8000/month for a normal living standard.
there is not much left.
There are huge difference after retirement tho.160k -200K/year may not have a big difference.