Point Taken
Originally Posted by
zRo ToLeRaNcE
Read
My Post Again - everything except the million $ thing is still right.
So, we have 120K before tax....
45% tax leaves $66K per annum....
She's 50+ Yrs Old - has kids....
Lives somewhere in the North US - MaryLand or something like that...
STILL SOUND NUFF!!??
PS
Please don't try to do the conversion stuff to conclude that is nuff money. You have to live there to know what the costs of living are...
Point taken and duely noted! After taxes doesn't sound so glamourous now especially with retirement around the corner and kids that should be in college or looking to go to college really soon. Wow.... maybe she should try some investment strategies for longterm growth so she can have something to kick back on after retirement and to take care of college expenses.
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