What would it matter how many posters here make the above quoted figures? The fact is, making that kind of money when you're trying to raise a family, trying to decide how you're going to pay for your kids college education, and saving for retirement with a comfortable nest egg, is not a whole heck of a lot of money.Curious: are there a lot of posters here that make upwards of 150k? 200k? 250k?
If you do, I need to know what you do, so I can get some of that.
Someone who makes WAY LESS than 150,000/annum
I guess most people would assume that we have it made. I'm here to tell you that it ain't necessarily so. And it's not as if we were always making such a nice income. My husband works his a** off, providing 3 separate sources of income and even we have a difficult time wondering how we are going to get it all done and still reach retirement without going broke.
The more you make, the more they take. When you add in federal, state and all the other taxes, we are quite close to the 50% tax bracket.