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re: Proposed 401k limit -- $2400 per year

Posted on 10/23/17 at 8:57 am to
Posted by Teddy Ruxpin
Member since Oct 2006
39645 posts
Posted on 10/23/17 at 8:57 am to
quote:

300k mortgage is right around ~1700 a month.


You likely have a much higher mortgage if you are making 225k a year.

You aren't typically pulling that kind of money in the country.
This post was edited on 10/23/17 at 8:58 am
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40336 posts
Posted on 10/23/17 at 9:19 am to
quote:

You likely have a much higher mortgage if you are making 225k a year.

You aren't typically pulling that kind of money in the country.


Was just referencing the post. 450k gets you a nice home in north Dallas. Typical payment is ~2200-2300. Still this guy seems to be seriously unaware of how much money he spends.
Posted by ItNeverRains
37069
Member since Oct 2007
25897 posts
Posted on 10/24/17 at 6:55 am to
quote:

You likely have a much higher mortgage if you are making 225k a year. You aren't typically pulling that kind of money in the country.


COLA is tough to grasp.
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