4 ms·

So like $350,000/yr after the 30% cut from the app stores, and additional 40% cut from state and federal taxes? yeah I'd keep my job too and look forward to th

So like $350,000/yr after the 30% cut from the app stores, and additional 40% cut from state and federal taxes? yeah I'd keep my job too and look forward to those sweet tax deductions and getting all that extra social security withholding back

Kurimo 10y ago
Where do you live that $350,000/yr isn't enough to live on?
- cloudjacker 10y ago
  the first question: do I feel like debating wealth inequality to get my HN karma back up? naaaaaaaaaaaah anyway, in silicon valley (or san francisco in particular) you could not retire on that. you could coast, but you couldn't use it to buy a house (or apartment/condo), the moment you make a downpayment you absolutely have to keep working to make the monthly payments
  - ZeroFries 10y ago
    350k after taxes and you couldn't retire? Do you mean in one year of work? You can live on 50k after taxes no problem even in SV. Also, why stay in SV if you're not working there? If you can maintain revenue for 5 years you can buy a house in cash no problem.
    - cloudjacker 10y ago
      If you can maintain revenue, yes, get decent cash flow on a rental property, sure you can make it work
  - baby 10y ago
    not everyone is living in the silicon valley.
  - Spooky23 10y ago
    That says more about the foolishness of living in a boomtown during a boom than anything else. We're talking about annual income 7x the Per capita income in the US and 10x of countries like Italy, Spain and Israel.
baby 10y ago
I'm having a hard time understand the point of this comment. Are you saying this is not enough money to live?
- cloudjacker 10y ago
  theoretically? no, I would have said that verbatim then the comment broke down the parent comment's earnings in a way this thread wasn't currently pointing out.
venusflytrap90 10y ago
40% a bit too high for Canada. Plus a 105k a year salary from day job. Its enough to live on for a 27 year old.
- cloudjacker 10y ago
  cool, can't get a palladium card with those aspirations I would not have been satisfied with that when I was 27 and would have likely gotten an additional side contract, while writing calls in the options market, while buying powerball tickets
- venusflytrap90 10y ago
  @cloudjacker - It's enough for me to live on, doesn't mean I'm not trying out a lot more things to earn even more "This will never end 'cause I want more / More, give me more, give me more"
  - cloudjacker 10y ago
    preaching to the choir, it was other people that thought my spot on observations were an insult to their aspirations

Kurimo 10y ago

Where do you live that $350,000/yr isn't enough to live on?

cloudjacker 10y ago
the first question: do I feel like debating wealth inequality to get my HN karma back up? naaaaaaaaaaaah anyway, in silicon valley (or san francisco in particular) you could not retire on that. you could coast, but you couldn't use it to buy a house (or apartment/condo), the moment you make a downpayment you absolutely have to keep working to make the monthly payments
- ZeroFries 10y ago
  350k after taxes and you couldn't retire? Do you mean in one year of work? You can live on 50k after taxes no problem even in SV. Also, why stay in SV if you're not working there? If you can maintain revenue for 5 years you can buy a house in cash no problem.
  - cloudjacker 10y ago
    If you can maintain revenue, yes, get decent cash flow on a rental property, sure you can make it work
- baby 10y ago
  not everyone is living in the silicon valley.
- Spooky23 10y ago
  That says more about the foolishness of living in a boomtown during a boom than anything else. We're talking about annual income 7x the Per capita income in the US and 10x of countries like Italy, Spain and Israel.

baby 10y ago

I'm having a hard time understand the point of this comment. Are you saying this is not enough money to live?

cloudjacker 10y ago
theoretically? no, I would have said that verbatim then the comment broke down the parent comment's earnings in a way this thread wasn't currently pointing out.

venusflytrap90 10y ago

40% a bit too high for Canada. Plus a 105k a year salary from day job. Its enough to live on for a 27 year old.

cloudjacker 10y ago
cool, can't get a palladium card with those aspirations I would not have been satisfied with that when I was 27 and would have likely gotten an additional side contract, while writing calls in the options market, while buying powerball tickets
venusflytrap90 10y ago
@cloudjacker - It's enough for me to live on, doesn't mean I'm not trying out a lot more things to earn even more "This will never end 'cause I want more / More, give me more, give me more"
- cloudjacker 10y ago
  preaching to the choir, it was other people that thought my spot on observations were an insult to their aspirations