| Author | Message | ||
Junior_no1 Hero Username: Junior_no1 Post Number: 19117 Registered: 09-2014 Posted From: 106.220.181.137 Rating: N/A |
5k To 6K ravochu anukunta, NEEKU nennu seppatam eti vizag King vi nuvvu  NoMOney | ||
Gotcha Megastar Username: Gotcha Post Number: 27360 Registered: 02-2008 Posted From: 73.45.2.79 Rating: N/A |
duvvada lo 2 bed room ki rent enta vastundi bhayya currently? ... | ||
Bharateeyudu Side Hero Username: Bharateeyudu Post Number: 4309 Registered: 03-2016 Posted From: 117.195.249.216 Rating: N/A |
..!..  | ||
Junior_no1 Hero Username: Junior_no1 Post Number: 19111 Registered: 09-2014 Posted From: 106.220.181.137 Rating: N/A |
Alpaa santoshulu lera, dabbula inkemannana NoMOney | ||
Idiot1 Side Hero Username: Idiot1 Post Number: 4609 Registered: 07-2008 Posted From: 8.7.228.252 Rating: N/A |
2/3 of median income -> 2 times median income is considered to be middle class. | ||
Rebel Hero Username: Rebel Post Number: 15470 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>> talking about income, not salary yes..dual salaries kalipi oka 300K+, business oka 100K, investments like stocks oka 100K - 500K easy saami db big shots ki | ||
Jai_ycp Side Hero Username: Jai_ycp Post Number: 7670 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
250K varaku upper middle class anatomu correct ee. 350K ante loew rich ani pettochu emo the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Rasputin Megastar Username: Rasputin Post Number: 21088 Registered: 02-2008 Posted From: 172.56.4.105 Rating: N/A |
Rebel was talking about income, not salary 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72108 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Ardam ayndi... Vache money place return kattu antunte brain pani cheyatam ledu...Deniki kuda slickdeals lo thread esi edanna deals pedite bagunnu...over to rebel..  | ||
True_indian Hero Username: True_indian Post Number: 13902 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
 e deng.. endi , .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Rasputin Megastar Username: Rasputin Post Number: 21086 Registered: 02-2008 Posted From: 172.56.4.105 Rating: N/A |
I think you are miscalculating. What ever you contribute might bring down your taxable income, which will affect your tax liabilities. It is not a direct tax credit. For example if you stay in 25% bracket (before & after extra 5.5k), your tax liability will go down by 1.375K only 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Rasputin Megastar Username: Rasputin Post Number: 21085 Registered: 02-2008 Posted From: 172.56.4.105 Rating: N/A |
according to an old young turks video, median Desi income is 90k. 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Rasputin Megastar Username: Rasputin Post Number: 21084 Registered: 02-2008 Posted From: 172.56.4.105 Rating: N/A |
ee okka saariki kshamincheyyandi uncle. Rebel entidi maree cheap ga 500k bucket lo pettaavu maa TI ni. Create a category in Millions. 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Twotown Side Hero Username: Twotown Post Number: 3734 Registered: 09-2016 Posted From: 207.244.66.70 Rating: N/A |
swarry annai teliyakaa 5 mil anaboyi 500K anesaaru | ||
True_indian Hero Username: True_indian Post Number: 13901 Registered: 01-2008 Posted From: 143.165.48.50 Rating: N/A |
wtf 500k , r u kidding me .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
Rebel Hero Username: Rebel Post Number: 15466 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>ipudu traditional IRA open chesei oka 10K padeste, mana tax taguddi antara ? leka next year nunchi chusukovali antara ? naku pedda idea ledu ee traditional IRA..april 15th daka untadi anukunta kada... | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72101 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
5.5K padeste.. Tombrady, Bayarea bullodu or some one ? same chepinattu gurtu | ||
Telugu_times Legend Username: Telugu_times Post Number: 49639 Registered: 02-2008 Posted From: 99.0.30.9 Rating: N/A |
The Average household income in USA is $53 K now you decide, whether your household income is rich or poor of course, mana desi gaallam andharam always poor Ignore spam and AJ. | ||
Rasputin Megastar Username: Rasputin Post Number: 21083 Registered: 02-2008 Posted From: 172.56.4.105 Rating: N/A |
I didn't apply for Reserve, if that's what you're talking about. 01/06/2012 - 169.4; 8/1/2013 - 182; 9/23/2016 - 185.8 | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72100 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
ipudu last year ki 3K tax kattamantunnadu reverse lo, ipudu traditional IRA open chesei oka 10K padeste, mana tax taguddi antara ? leka next year nunchi chusukovali antara ? | ||
Rebel Hero Username: Rebel Post Number: 15465 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>You can contribiute $5,500 Roth IRA aadu correct ee..financial pistha akkada. aadu seppindi IRA, not roth IRA if ur income is less than 68K , u can contribute 5500 to traditional IRA, and another 5500 to roth IRA..s total 11K.this is additional to 18K in 401K | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72099 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Pani bongu lekapothe elanti paniki malina vatillo time gadapalsi vastadi...lol | ||
Ysr2009 Side Hero Username: Ysr2009 Post Number: 4756 Registered: 03-2014 Posted From: 129.135.0.21 Rating: N/A |
>> $100,000: Not rich, but middle class. After contributing $18,000 to your tax-exempt 401k, you are left with $82,000 a year in gross income, and ~$61,500 net income based on a 25% total effective tax rate. Notice there is no more $5,000 tax-exempt IRA contribution because you make over $68,000. Thats right, the government doesnt want you to save money if you make over $68,000 >> evaru babu idi raasindi.. suddha thappu.. https://www.irs.gov/retirement-plans/plan-participant-employ ee/amount-of-roth-ira-contributions-that-you-can-make-for-20 16 You can contribiute $5,500 Roth IRA, if your MAGI income is less than $184K ( married filing jointly ).. .. | ||
Rebel Hero Username: Rebel Post Number: 15464 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
ee rocks kurrod Slickdeals founder aa...pillodu aina deals,finances etc lo phd chesinattu unnadu | ||
Royal1234 Side Hero Username: Royal1234 Post Number: 2239 Registered: 12-2010 Posted From: 205.141.247.1 Rating: N/A |
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Ntr_rocks Legend Username: Ntr_rocks Post Number: 72098 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Chase freedom 5% qtr vuntundi kada annai... Lets say ee qtr gas stations, 3 months lo 5% cash back ki $50 vachayi anukondi, aa $50 Cash back ni Reserve transfer cheyandi..$50 = $75 in Travel rewards(1.5% kada).. Alage oka qtr wholesale clubs, inko qtr restaurents, naaku aithe pakka $75, $75 vachestayi aa 2 qtrs... Last year June nunchi Freedom vadu costco pettadu ga...aa $150 transfer chesa Reserve ki...You can transfer points between cards... | ||
Abhysg Legend Username: Abhysg Post Number: 35618 Registered: 08-2008 Posted From: 173.71.133.194 Rating: N/A |
Nenu anduke ee school ki ranu anedi...Intiki pothaa | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72097 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Raliegh lo vunna oke okka buda bukkala toll ki refund malli...danini avoid chesuku povachu happy ga...  | ||
Gotcha Megastar Username: Gotcha Post Number: 27349 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
how detail ga cheppu idi ardam kaledu. ... | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72096 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
address ista, edo oka gift pampandi 500K tho..  | ||
Gotcha Megastar Username: Gotcha Post Number: 27348 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
aa 300 cash back ki tolls kuda count avutayi, nee ezpass ki use this card for auto payment and u will get aht easily. ... | ||
Gotcha Megastar Username: Gotcha Post Number: 27346 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
450 aa 4000k i count avava, chuss. inko 500 karchu petali ayite. ... | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72094 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
I will continue...No intention to close this card as of Now. I have chase freedom, 5% Cashback every qtr ni ee card ki transfer chesukuntunna....7.5% in travel vastundi... | ||
Andhrawala Legend Username: Andhrawala Post Number: 57001 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
are u continuing 2nd year also by paying 450?? My target on this car is bill 4K and rest I will use my CIti DOuble cash back No Signature | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72093 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
This means, calender year starts after generating statement in Dec.. Dec 15th statement generate aithe, Dec 16th nunchi next year anattu(assumption based on how we got last year) | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72092 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Naaku and few db members(Rasp etc) ki 2017 di Dec 2016 lone vachesindi... So, we got 2 300's last year(in 1st year), I forgot to say, try it.. | ||
Twotown Side Hero Username: Twotown Post Number: 3712 Registered: 09-2016 Posted From: 207.244.66.70 Rating: N/A |
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Andhrawala Legend Username: Andhrawala Post Number: 56995 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Jan 9th na card apply chesenu. Feb 3rd naa Hotel reservation on expedia and he gave me 300 olready December lo sesthee adhi January bill lo vasthundhi kaani based on my continuation in 2nd year kathaa vaadu icchedi rendo 300 No Signature | ||
Couragebabu Junior Artist Username: Couragebabu Post Number: 103 Registered: 01-2013 Posted From: 167.246.61.3 Rating: N/A |
I thought last year apply chesi vuntey meeru cheppinattu extra $300 vacheydhi kada. Dec lo malli ela isthadu if you apply in Jan | ||
Andhrawala Legend Username: Andhrawala Post Number: 56994 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
32K icchedu No Signature | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72090 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
DB lo chala disco jarigindi rao gaaru... http://www.chalanachithram.com/discus/messages/115/331853.ht ml?1478819282 http://www.chalanachithram.com/discus/messages/115/332371.ht ml?1479348027 time vunte chaduvukondi,read this thread, inka ardam kakapothe adagandi.. https://slickdeals.net/f/9036199-chase-sapphire-reserve-100k -ultimate-reward-points-w-4k-spend-in-3-months-1650-in-1st-y ear-benefits-expires-1-12-2017 | ||
Sony Legend Username: Sony Post Number: 33737 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
ante india lo janalu per month salary cheppetolu kada long back, inka naa mindset akkade undi | ||
Rajusk Legend Username: Rajusk Post Number: 53712 Registered: 02-2008 Posted From: 170.74.231.5 Rating: N/A |
nee gurrinchi final gaa oka clarity ichavu.. | ||
Emc2 Legend Username: Emc2 Post Number: 52757 Registered: 03-2008 Posted From: 173.66.111.159 Rating: N/A |
$3 mil company with $1mil net cash plus $400k salary some nice expensive cars/SUV's , india lo lands and deposits, expensive gadgets unte they will be consider rich other wise don't even use rich word | ||
Rajusk Legend Username: Rajusk Post Number: 53711 Registered: 02-2008 Posted From: 170.74.231.5 Rating: N/A |
what is this spending and earning ..veelaithe oka 2 sentences lo seppandi.. monna bus lo kooda naa pakkana koorsonna kurrod oka 1 hour explain sesad..valla friend ki..i could not totally understand | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72087 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
50K ichada meeku ? | ||
Jalsa Legend Username: Jalsa Post Number: 35669 Registered: 02-2008 Posted From: 159.53.174.140 Rating: N/A |
per month enti mastaaaru....mee range ye separatu | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72086 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
Ecluding....Wrong time lo apply chesav....Dec lo inko $300 spend chey travel ki, inko 300 vastay ee year lone | ||
Happydays Side Hero Username: Happydays Post Number: 4645 Registered: 02-2015 Posted From: 104.129.204.114 Rating: N/A |
 Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin | ||
Rajusk Legend Username: Rajusk Post Number: 53708 Registered: 02-2008 Posted From: 170.74.231.5 Rating: N/A |
anna namasthe.. nenu inka Net Worth septhunnadu anukonte. nuvvu vachi..per month antunnav ante.. aap purush nahi ..balki mahapurush ho | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72085 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
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Andhrawala Legend Username: Andhrawala Post Number: 56991 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
BTW, Chase Saphhire Reserve card monna Jan 9th na apply chesthe vachindhi Hotel book chesthe already got credit of $300 BTW 4000 including annual fee cheyyalaa leka excluding?? No Signature | ||
Sony Legend Username: Sony Post Number: 33736 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
per month or per annum? | ||
Jalsa Legend Username: Jalsa Post Number: 35668 Registered: 02-2008 Posted From: 159.53.110.143 Rating: N/A |
vammo...50-1c middle class mana andhrawala, ustad, maverick, vja, gotcha, emc2 etc 5c+ lo untaru. | ||
Rajusk Legend Username: Rajusk Post Number: 53707 Registered: 02-2008 Posted From: 170.74.231.5 Rating: N/A |
only IT vallake apply avuthai anukonta meeru cheppe benchmarks ee lekkana more than 50% India begging laaga undi..mee lekkalo | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72084 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
India lo poor, US lo lower middle class... Eedaki denkey mantar inka, somalia povala... Kukat, eliminate them sirr.. | ||
Platypus Side Hero Username: Platypus Post Number: 5926 Registered: 01-2008 Posted From: 89.188.5.116 Rating: N/A |
India lo 0-10L - You are poor 10-20L - Lower Middle Class 30-50L - Middle Class 50-1C - Upper Middle Class 1-5C - Lower Higher Class | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72082 Registered: 04-2009 Posted From: 152.85.8.38 Rating: N/A |
naaku pampu, ssn, address cover cheyaku, I need to apply CC's.. | ||
Rebel Hero Username: Rebel Post Number: 15459 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>aa numbers per individual of a family aa lekunte per family aa per family..dual incomes | ||
Sony Legend Username: Sony Post Number: 33735 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
aa article lo he made a default contribution as 18K for 200K+ i dont think many contribute to 401K..so 180-190K people jump to that 200K | ||
Andhrawala Legend Username: Andhrawala Post Number: 56990 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Buy meeru atleast tax returns lo soosukogalaremoo. Nenu aithee just ikkadaa. Cant even dream about it No Signature | ||
Maverick Legend Username: Maverick Post Number: 63469 Registered: 01-2008 Posted From: 108.171.130.189 Rating: N/A |
w2 lo choosukokapoina atleast ikkada choosukunna..thanks for boosting up the spirit Happy Vizag | ||
Rebel Hero Username: Rebel Post Number: 15457 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>200K+ will be around 40-50% don't think so bhayya..solo income 90K ala untaru kada..more than 200K 50% of db aa..this is richest db man..aa cars owned thread chooste majority old cars,minivans drive chestu ila rich ayipoyaru anna mata | ||
Twotown Side Hero Username: Twotown Post Number: 3710 Registered: 09-2016 Posted From: 207.244.66.70 Rating: N/A |
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Sony Legend Username: Sony Post Number: 33734 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
100K+ easy kukat, jai H4 EAD latest gaa people using it to join for admin jobs/HR blocks etc etc | ||
Kukatpally Megastar Username: Kukatpally Post Number: 25674 Registered: 07-2014 Posted From: 57.69.14.65 Rating: N/A |
db nunde dobbeyamantara mamalni... bala style lo saduvuko | ||
Sony Legend Username: Sony Post Number: 33733 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
per family ante 100K+ family max db will be covered 200K+ will be around 40-50% 350K will be around 10-20% 500K elites ante we can count on figures | ||
Ntr_rocks Legend Username: Ntr_rocks Post Number: 72078 Registered: 04-2009 Posted From: 166.137.248.32 Rating: N/A |
maa ilaka lo 1 FT+ 1 consulting ki 200K vaste ultra rich anattu...luck bagundi iddaru exp vallu aithe 170 kottachu... | ||
Rebel Hero Username: Rebel Post Number: 15456 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>aa numbers per individual of a family aa lekunte per family aa per family.. | ||
Linkmaster Legend Username: Linkmaster Post Number: 53695 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
mindset makes you rich, not income.. everyday you see a $1 growth, you should feel rich and thats real rich | ||
Andhrawala Legend Username: Andhrawala Post Number: 56988 Registered: 03-2008 Posted From: 107.77.68.97 Rating: N/A |
Rebel saaru Email id pleez Will email u my latest W2s aswell as last year's tax returns No Signature | ||
Sony Legend Username: Sony Post Number: 33732 Registered: 12-2006 Posted From: 170.48.2.186 Rating: N/A |
aa numbers per individual of a family aa lekunte per family aa per individual ante all IT folks are middle class induke Jai Trump aned, 130K bill pass cheste manam kuda kastha air breathing cheyochu | ||
Rebel Hero Username: Rebel Post Number: 15455 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
>>Life long lower middle class eena ? Maare chance ee leda ? with dual income of 200K+ u r upper middle berth ani vjawar watsapped | ||
Gandhiguevara Legend Username: Gandhiguevara Post Number: 62892 Registered: 10-2009 Posted From: 67.191.221.7 Rating: N/A |
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Vjawarrior Megastar Username: Vjawarrior Post Number: 28429 Registered: 02-2014 Posted From: 153.2.247.36 Rating: N/A |
if u have iphone with wireless charging u r considered rich....legess...iphone 8 lo wireless charhging is the premium feature antaa...thooo eella batuku....anduke ammakaaleka sastunnaru | ||
Twotown Side Hero Username: Twotown Post Number: 3708 Registered: 09-2016 Posted From: 37.58.58.206 Rating: N/A |
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Ntr_rocks Legend Username: Ntr_rocks Post Number: 72075 Registered: 04-2009 Posted From: 166.137.248.32 Rating: N/A |
Life long lower middle class eena ? Maare chance ee leda ?  | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 35262 Registered: 02-2009 Rating: |
side upper vs. regular upper berth laaga undhi okati peruki upper but iruku | ||
Rebel Hero Username: Rebel Post Number: 15454 Registered: 02-2008 Posted From: 159.45.186.45 Rating: N/A |
Various Income Levels $50,000: Not rich, but lower middle class. After contributing $22,000 to your tax-exempt 401K and IRA, you are left with $28,000 in gross income to live. With an effective tax rate of about 15%, you have about $24,000 left after taxes. $24,000 or $2,000 a month is enough to live a frugal lifestyle, however, youll probably want to find a partner who makes at least $20,000 a year to be comfortable with a family. $100,000: Not rich, but middle class. After contributing $18,000 to your tax-exempt 401k, you are left with $82,000 a year in gross income, and ~$61,500 net income based on a 25% total effective tax rate. Notice there is no more $5,000 tax-exempt IRA contribution because you make over $68,000. Thats right, the government doesnt want you to save money if you make over $68,000. Hopefully, you are following my savings guide and saving another 20% of your after tax income, equaling roughly $12,400 a year. Youve got around $40,000 to spend on whatever you want and youre breathing pretty good now. $200,000: Upper middle class. After retirement contributions, you are left with $177,000 in gross income, leaving you with roughly $125,000 in after tax income. You boost your after tax savings rate to roughly 30%, leaving you with about $87,500 left. By the time you are making $200,000 in your career, youre probably in your 30s or older and have a mortgage and kids to consider. Kindergarten/daycare may run $15,000-$20,000 a year, followed by $30,000-$40,000 in shelter costs for a reasonable home. Youre left with $20,000-$40,000 to spend on food, travel, groceries, gifts, lessons, and so forth. Not bad. $350,000: Still upper middle class. After retirement contributions, youre left with $332,000 in gross income, or roughly $250,000 in after tax income. With a 30% after-tax savings rate, you have $175,000 left to spend. Your family has grown to 4, and you seek a bigger home. An average 3 bedroom, 2.5 bath home in a good area in San Francisco will run you about $1,300,000 to $1,700,000. Were not talking anything super fancy at 1,800-2,800 square feet. Your mortgage at 3.5% on $1.1 million will therefore cost around $60,000 a year + $15,000 a year in property taxes. I choose $1.1 million because that is the maximum level for mortgage interest deductibility. As a result, youre left with about $100,000, or $8,333 a month in after tax income for school for two, travel, food and so forth. Youre doing well, and if you are frugal, you can certainly save more than $75,000 a year in after tax money along with the $18,000 401K contribution. $500,000+: You are rich! Like AW,TI,mr.hyd,Mav etc. With $482,000 in gross income after maxing out your retirement contributions, you have about $300,000 in after tax income (effective at 35%, which includes 10% state). Thats right, you are paying around $183,000 in taxes alone, yet the government still wants to take more from you! Undeterred, you crank up your savings to 35%, and put away another $105,000, leaving you with $195,000. Subtract $70,000 for annual mortgage/property tax leaves you with $125,00. Then subtract another $40,000 in tuition for two. With around $7,000 a month in money available for travel, food, entertainment, goods, gifts, you are sitting pretty, especially since you are putting away away $122,000 a year in savings. - See more at: http://www.financialsamurai.com/how-much-income-do-you-consi der-to-be-rich/#sthash.DKMi9x8Z.dpuf |
