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To: dragnet2
Sigh. 30 something does not mean right at 30. Someone that invests $2,000 per year starting at 22 out of college a making a 7% return will have saved $50k when they are 36.5 years old. If they grow the $2k/year by 3%, they'll have saved $50k when they hit 35 years old. Even at 30 they'd have about $25k.

I never mentioned the population ya dweeb.

LOL The population would be SHRINKING if 3 people were moving out for every one moving in. I think even you can do that math.

You’re FOS, I said from the begining on this thread working folk in CA in their 30s, are not able to buy homes, they’ve been priced out...Read back ya moron

You said it somewhere, but not on the line of posts we were having until much later. Here is how this all got started, since you apparently are too stupid to do it.

DoughtyOne said - "Two people making $30k per year can have a pretty good life.

To which you replied - "Two people? Two people at 60k make what after in CA after taxes? 34k? Those two people likely wouldn't qualify for a bottom end, 50 year old fixer home. A pretty good life? " to which I replied - "Probably closer to 50k after taxes, even in CA. The effective tax rate for a family of four at 60k federal with standard deductions, personal exemptions and child tax credits are around 5%, or 3k, or less at 60k."

We then went back and forth numerous times and the first time you mentioned to me 30 something was in the 100s. You may have said it to someone else, but not anywhere close to our initial conversation. And regardless, someone in their 30s can definitely get to $50k by saving $2k/year, which someone making $60k/yr can definitely do.

159 posted on 09/21/2017 10:56:02 AM PDT by rb22982
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To: rb22982
DoughtyOne said - "Two people making $30k per year can have a pretty good life.

LOL!

He's wasn't talking about S. CA slick....Like I've been trying to tell ya for the past 25 posts...You are one thick headed individual.

162 posted on 09/21/2017 11:19:18 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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