Cappuccino
Diamond Member
- Feb 27, 2013
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$890k Ugandan Dollar.Can I be your friend?
$890k Ugandan Dollar.Can I be your friend?
Don't you have enough already?
Can I be your friend?
Don't you have enough already?
He removed all his friend's heads and stuck them in a plastic crate
My take home, as in what is deposited into my bank account, is just under $8k/month. I think I put in like 12% into my 401k too and my company puts in another 8%. I also contribute to my HSA. My company covers insurance for me and my family 100% although we're on a high deductible plan. Adding in my wife's take home we're up over $10k/month.
Yeah we could (and have been when my wife took off for few months after our child was born) okay with less income. Our mortgage is around $2300 and we don't really have any other debt outside of that, other than what we pay into our cell phone bills lol. The plan when we have our second kid is to have my wife stay home full time. It's going to be "tight" in the sense it's going to be different, so no more 4-5 vacations a year most likely, at least not the way we like to take them, but we'll be just fine.you have to make that kind of money to live in the DMV
Yeah we could (and have been when my wife took off for few months after our child was born) okay with less income. Our mortgage is around $2300 and we don't really have any other debt outside of that, other than what we pay into our cell phone bills lol. The plan when we have our second kid is to have my wife stay home full time. It's going to be "tight" in the sense it's going to be different, so no more 4-5 vacations a year most likely, at least not the way we like to take them, but we'll be just fine.
My next door neighbors house just went on the market today for $598k. I really hope it sells for that muchYup I am with you and SoMD pricing has gone through the room.... I take alot of vacations, and lucky my car will be paid off in 4 months, and I dont have any other debts besides the house You're wife gets credit here BTW LOL
I get about 0.45 to the dollar, but I get about 0.02 of that back the next day from my dependent care flex plan.
But, DW and I both put 27% in the 401k (about 16% pre tax and 11% after tax), max out HSA and Dependent Care.
Sucks, but then I see our 401k contributions of 86k/yr and decide it's fine, I'll enjoy it when I have full fuck you money at 55.
How do you get to that amount in a year? The maximum for an individual is 18K or 24K if >= 50 years old. That must be some employer match.
We both max pre-tax at 18.5k/yr (2018), get an effective 9% employer match, then do the rest as after tax which is about 10k each more. There true IRS limit for a 401k for employer contribution, pre-tax and after tax is like 54k/yr.How do you get to that amount in a year? The maximum for an individual is 18K or 24K if >= 50 years old. That must be some employer match.
We both max pre-tax at 18.5k/yr (2018), get an effective 9% employer match, then do the rest as after tax which is about 10k each more. There true IRS limit for a 401k for employer contribution, pre-tax and after tax is like 54k/yr.
We also roll all the after tax money into a Roth IRA because we can do in service after tax roll overs. This has been termed the"Super Backdoor Roth IRA" if you want to Google it.