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re: In the market for a house...

Posted on 5/13/24 at 8:53 pm to
Posted by Rize
Spring Texas
Member since Sep 2011
15916 posts
Posted on 5/13/24 at 8:53 pm to
quote:

How do you take home 84% of your gross after taxes/retirement/health insurance?


Yeah that don’t seem right. I brought home 60.5% last year.
This post was edited on 5/13/24 at 8:57 pm
Posted by Sherman Klump
Wellman College
Member since Jul 2011
4470 posts
Posted on 5/13/24 at 9:20 pm to
I was thinking the same. After 401k, HSA, FSA, insurance - I took home a measly 57% of my salary.

Having a 3rd kid this year and needing more space. Looking at a houses and a mortgage that's about 31% of our take home pay. Has me slightly nervous - especially considering our current mortgage is 13% of our take home. We can afford it, but man I don't really want to.
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