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re: How to make 100k a year?

Posted on 11/7/19 at 8:39 am to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41697 posts
Posted on 11/7/19 at 8:39 am to
quote:

Another thing to note to is that $100k is in the 88th percentile of median income for 32 year olds. I only say that to point out that because it may seem like everyone is pulling in $100k a year, but that’s not necessarily the reality.

This is true. $100k is a lot of money for anyone but especially a 32 year old. Also, folks who make that aren’t necessarily taking home as much as you’d think. Working for myself, I’m responsible for tons of taxes. If I make $125,000 a year, I’m only bringing in $62,000 a year after expenses, write-offs, and taxes. Point is making $100,000 is not necessarily doing better than most.
This post was edited on 11/7/19 at 8:40 am
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