Minimum wage update

Minimum wage has changed from $8.40hr, to $8.80/hr, or at least it's due to this year. I guess that means I'm now looking at $352/week or $18304/year as a target. When I have a better grasp of living expenses, I'd like to switch to a living expenses as a percentage of net worth target. It seems more meaningful when yield spreads are wild for different assets.