Live lately an not to luxurious live, as you call it, 3 bedroom townhouse in desert part of town and kids in top tier non profit school. From my $20K EK package, have no probs saving @10K a month quite easily. Thats excluding bonus ( if we ever gonna see one).
Wife had to say good buy to the maid, spinneys and her 4x4, me to the Porsche and boat.
Now driving both european and shopping at Union Coop, that all it takes. Still do lots of holidays and skiing though!