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Started By
Message
re: Do you save more than 50% of after tax income?
Posted on 10/31/18 at 3:14 pm to Mingo Was His NameO
Posted on 10/31/18 at 3:14 pm to Mingo Was His NameO
quote:
Mingo Was His NameO
bar or gentleman's club?
1
Posted on 10/31/18 at 3:15 pm to Phat Phil
Taco bell doesnt pay 120k
Posted on 10/31/18 at 3:15 pm to BlindTiger7
quote:
bar or gentleman's club?
Yes
Posted on 10/31/18 at 3:16 pm to Mingo Was His NameO
quote:
I spend that at the bar every month.
You misspelled McDonalds , fat frick........
Posted on 10/31/18 at 3:17 pm to Phat Phil
You must live in a trailer.
Posted on 10/31/18 at 3:19 pm to Phat Phil
quote:
120k after tax, live on less than 40k per year. It's not hard at all if you're reasonably frugal.
You definitely don't have a wife or kids
Posted on 10/31/18 at 3:21 pm to Rand AlThor
quote:
You definitely don't have a wife or kids
Or a $120K a year income.
Posted on 10/31/18 at 3:22 pm to HeyHeyHogsAllTheWay
quote:
Or a $120K a year income.
Hes saying post tax which I'm assuming he means pretax retirement, insurance, etc which means he's over 200k pretax. By his posting history I'm calling bullshite.
Posted on 10/31/18 at 3:23 pm to Phat Phil
quote:
120k after tax, live on less than 40k per year. It's not hard at all if you're reasonably frugal.
Sounds about right if you live in the boonies with no wife, kids, social life, or travel/vacations.
Posted on 10/31/18 at 3:27 pm to Phat Phil
Kids ?
Posted on 10/31/18 at 3:28 pm to Mingo Was His NameO
I do but I don’t have kids or a wife. If someone saves 15% they are already winning at life so 50% ends up being about 0.1% of the population with unique circumstances.
Posted on 10/31/18 at 3:40 pm to Phat Phil
“After tax” meaning after pretax retirement savings as well? I save $5500 a year in a Roth “after tax.”
No, not quite 50%.
No, not quite 50%.
Posted on 10/31/18 at 3:55 pm to RJL2
Saving is only helping the banks. What are you getting $3 annually?
Only middle class and poor people "save"
The wealthy invest in income producing assets.
Only middle class and poor people "save"
The wealthy invest in income producing assets.
Posted on 10/31/18 at 4:17 pm to Phat Phil
quote:
live on less than 40k per year
I spend more than that feeding these goons that live with me.
Posted on 10/31/18 at 4:53 pm to olgoi khorkhoi
quote:
I spend more than that feeding these goons that live with me.
Maybe you should sell one or two.
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