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09-25-2012, 09:59 PM
  #108
Hockey Team
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Location: New York, NY
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Quote:
Originally Posted by jumptheshark View Post
or his wife works full time. Wont go into my details, but I had a job that paid in that range for a few years and 65k out you in a higher tax brackets and when factor in kids and a wife I find it hard to believe a person could save that in 5 years unless

1) Wife works and he is factoring the money she contributes
2) Lives at home or house bought by parents
3) Has no kids
4) Does not have a girlfriend or any friends and never goes out

if you are on 65k a year you are either paying a mortgage or rent that put a dent into your account
lol, let's just say for the sake of argument the guy's living off the equivalent of a 40K / year salary in order to save the 13K a year or whatever.

So you're saying someone earning 40K a year has to be single shut in who never does anything? 40K a year in a lot of places is plenty of money to live by yourself and go out a decent amount if you're single.

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