3 ms·
what income ranges are you imagining is the middle class?
by gameswithgo 8y ago
what income ranges are you imagining is the middle class?
- jbapple 8y agoOver a 40-year career, assuming 4% real capital growth after inflation and a 3% safe withdrawal rate in retirement, a worker has to invest 25% of their gross income every year to have the same net income in retirement (assuming identical taxation rates). The median annual household income in the US is around $60k.
- gameswithgo 8y agoThat doesn't leave much left to eat and cover up from the rain with.