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Started By
Message
70,000 a year?
Posted on 2/10/15 at 2:31 am
Posted on 2/10/15 at 2:31 am
How did you react when you realized you were making over 100k a year?
14
Posted on 2/10/15 at 3:04 am to Mastermind
I realized I wasn't you
Posted on 2/10/15 at 3:36 am to Mastermind
quote:
How did you react when you realized you were making over 100k a year?
Pissed off due to the amount of taxes I was paid.
Even more when you pay max amount into SS and medicare. 
Posted on 2/10/15 at 3:59 am to fishfighter
I don't think about taxes.
Posted on 2/10/15 at 4:09 am to Mastermind
Happy but I knew my SO and kids would expand their wants too. Now I save only a little more but everyone has lots of new crap.
Posted on 2/10/15 at 4:09 am to Mastermind
100k ain't what it used to be
Posted on 2/10/15 at 4:20 am to Mastermind
It felt pretty good to be able to say I make six figures. The wife sure stepped up her bedroom game. 
Posted on 2/10/15 at 5:34 am to jrodLSUke
Well when you bring home 62 of that it's not that great
Posted on 2/10/15 at 5:40 am to Franktowntiger7
quote:
Well when you bring home 62 of that it's not that great
Yep, that 40% tax bracket sucks. Good thing is that I am retired now and don't have that problem anymore.
Posted on 2/10/15 at 5:47 am to fishfighter
Ain't all its cracked up to be. Love the tax bracket. Take home sucks. Helps momma stay at home with the kids. I would rather earn less and work less tbh
Posted on 2/10/15 at 6:01 am to Mastermind
It was a goal that was nice to reach. But as someone else said, every now and again I wish I didn't have all the responsibility and pressure at work. Plus, all you do is blow past that goal and set your sights on the new goal, 150k. You're never really satisfied and you can't ever go back to the idea of feeling comfortable living off of less. It's a rat race.
Posted on 2/10/15 at 6:03 am to fishfighter
quote:then you better get a better accountant
Pissed off due to the amount of taxes I was paid
Posted on 2/10/15 at 6:08 am to Pilot Tiger
quote:
then you better get a better accountant
The problem was that at 100K or even at 150K and no write offs, one is going to pay big time taxes.
There is no way around that. 
Posted on 2/10/15 at 6:21 am to Mastermind
When I got my W2 this year i shat a brick when I saw that I made in excess of 100k and then cried when I saw I had paid 20k+ in taxes.
I was pumped that it was over 100k ( I get bonuses, so I knew I was close, but hadn't kept track of exactly where I was) but when I saw that much was withheld I died a little in the inside.
I was pumped that it was over 100k ( I get bonuses, so I knew I was close, but hadn't kept track of exactly where I was) but when I saw that much was withheld I died a little in the inside.
Posted on 2/10/15 at 6:22 am to fishfighter
quote:oooof
and no write offs
Posted on 2/10/15 at 6:27 am to fishfighter
quote:
The problem was that at 100K or even at 150K and no write offs, one is going to pay big time taxes. There is no way around that.
Kids and giving to charity
Posted on 2/10/15 at 6:39 am to 3nOut
More money in investments. I've maintained the same standard of living I had when I made $60k a year, working sucks I just want to stockpile money so I can work a job I enjoy even if it only pays $40k a year.
Posted on 2/10/15 at 6:42 am to Mastermind
You take home a bit less than a senior NCO in the military. When you figure in other benefits it's a lot less.
Posted on 2/10/15 at 6:45 am to fishfighter
quote:
Pissed off due to the amount of taxes I was paid
You were paid taxes instead of paying them? Why would that piss you off?
Posted on 2/10/15 at 6:52 am to foshizzle
quote:
You were paid taxes instead of paying them? Why would that piss you off?
Yes, I am still upset over the taxes I paid.
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