Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

If You Want A Life Of Affluence, You Need To Be Making $100,000 By Age 35
Business Insider ^ | 05/29/2011 | Aimee Groth

Posted on 05/29/2011 10:10:34 AM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-55 last
To: SeekAndFind

“Come to New York City...”

New York state is a tax Hell and it is one of the most expensive places on earth to work and live.


41 posted on 05/29/2011 12:53:56 PM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: radpolis

“I actually feel sorry for people who make in the 100-200K range, because you go your entire life doing things right, then you end up giving half or more to the government, because liberals think you are evil and have to pay your fair share so they can sit on their asses in some bureaucracy wasting your money on people who didn’t make an effort to do anything.”

I live in Texas, and I don’t give the government anywhere near of what I make. Maybe 20%, including property tax and sales tax (thank you Internet, and thank you for deductions and credits).

But I do feel sorry for people that live on the coasts...


42 posted on 05/29/2011 12:55:03 PM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts))
[ Post Reply | Private Reply | To 36 | View Replies]

To: BobL

Yeah, I guess it depends on where you live in the country.

In California, you got the 36% federal income for top bracket plus payroll taxes, then the 12% for state income plus the 9.5% for sales tax, plus property taxes($10k a year for a $500K house, which is a dump where I live) and every user fee you can imagine.

And California is not even the worst state. I think people in New Jersey and New York pay more.


43 posted on 05/29/2011 1:22:46 PM PDT by radpolis (Liberals: You will never find a more wretched hive of scum and villainy)
[ Post Reply | Private Reply | To 42 | View Replies]

To: SeekAndFind

Oh! Did You See?

The blessed message in Joplin, Mo. A church completely wasted. The cross still standing straight and true! Loud and clear, above the storm, amid the rubble, our Lord Jesus Christ proclaims that He will prevail!

Hallelujah! Sweet promise out of misery, death and destruction! , made of tempered steel and placed upon the rock it did endure! To see it during the Memorial Service in Joplin . this morning amid prayers, and the ringing notes of our national anthem! How can any deny Him? We may not see Him but The Faithful Living Christ is ever will not be silenced. Praise God

>If we don’t putGod on the throne in our schools and in our homes, the money won’t matter anymore<


44 posted on 05/29/2011 1:46:06 PM PDT by Paperdoll ( No more Bushs!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

That doesn’t work on the coasts.
Also with the inflation rate, and increased ‘vig’ demanded by the police state, that number will inflate significantly in the coming months, years, decade.

IN my area on NJ, you need to be making $80k/yr plus have employer paid health insurance by 35 to be able to afford a starter home in a decent school district.


45 posted on 05/29/2011 2:47:17 PM PDT by JerseyHighlander
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

ON second look, Digitas is now at odds with almost every other estimate of individual earnings I’ve ever seen.

2009 Census estimates only less than 14million people with income over 100k....

http://en.wikipedia.org/wiki/Personal_income_in_the_United_States#Income_distribution

http://www.census.gov/hhes/www/cpstables/032010/perinc/new11_000.htm

There is absolutely no freaking way there are over 44 million Americans with over 100k in annual income.

http://www.census.gov/compendia/statab/2011/tables/11s0691.pdf


46 posted on 05/29/2011 3:01:50 PM PDT by JerseyHighlander
[ Post Reply | Private Reply | To 1 | View Replies]

To: mnehring
I understand that. Although I haven't been interviewing, I do get recruiters calling on occasion and some of the numbers they throw out wouldn't pay my taxes- even from companies like Google.

Pardon my asking, but what do you do? Project management? Coding? Corporate recruiter?

...and do you live in a "high-tax" state?

Cheers!

47 posted on 05/29/2011 4:09:29 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: CodeToad

I taught myself C++ in one weekend because I needed it to start coding for a project.

But I realize this requires enormous mental horsepower that 99% of the population does not have, and most of the 1% already have good professions.


48 posted on 05/29/2011 5:25:04 PM PDT by proxy_user
[ Post Reply | Private Reply | To 10 | View Replies]

To: SeekAndFind

A life of affluence can hardly compare to the simple gifts of reason and senses. Just offering some perspective.


49 posted on 05/29/2011 7:04:02 PM PDT by Fester Chugabrew (minds change)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JerseyHighlander

RE: 2009 Census estimates only less than 14million people with income over 100k....

Maybe we should consider household income? (i.e. the sum of the incomes of both husband and wife).


50 posted on 05/29/2011 7:33:30 PM PDT by SeekAndFind (u)
[ Post Reply | Private Reply | To 46 | View Replies]

To: proxy_user
I taught myself C++ in one weekend because I needed it to start coding for a project.

Greenspun's Tenth Rule: Any sufficiently complicated C or Fortran program contains an ad hoc, informally-specified, bug-ridden, slow implementation of half of Common Lisp.

C++ is a dog's breakfast. And Java's not much better.

More quotes.

51 posted on 05/29/2011 7:54:20 PM PDT by cynwoody
[ Post Reply | Private Reply | To 48 | View Replies]

To: Alas Babylon!
At 35, I was in my 17th year in the United States Air Force, and a Master Sergeant. I was no where close to $100,000; more like $15,000.

What does a Master Sergeant get today? My bet would be more like 48K.

52 posted on 05/29/2011 8:03:06 PM PDT by cynwoody
[ Post Reply | Private Reply | To 17 | View Replies]

To: SeekAndFind

my last link is household incomes.... still no way Digitas is close ... unless broke people who are doubling up households now have bolstered the number of 100k household incomes , but that doesn’t make them affluent.

http://www.census.gov/compendia/statab/2011/tables/11s0691.pdf


53 posted on 05/29/2011 8:36:55 PM PDT by JerseyHighlander
[ Post Reply | Private Reply | To 50 | View Replies]

To: grey_whiskers

Instructional Design specializing in corporate systems. In layman’s terms, I make programs like the Video Professor types to teach people how to use systems, but instead of stuff for general use, it is generally more specialized corporate systems (billing, IT, network, etc). It is a fusion of technical writing, coding (depending on the system and if I have to recreate it), design, development, and project management.


54 posted on 05/30/2011 4:18:59 PM PDT by mnehring
[ Post Reply | Private Reply | To 47 | View Replies]

To: SeekAndFind

Follow up on this study, pretty warped message from Ad Age magazine, ... since the numbers in the study are blatantly false.

http://adage.com/article/adagestat/ll-rich-35-100k-household-income/227671/


55 posted on 06/01/2011 6:25:07 AM PDT by JerseyHighlander
[ Post Reply | Private Reply | To 50 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-55 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson