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plenty of people support a family on $60k/yr so take the remaining 440k minus taxes and buy two porsches outright. You should be able to save enough for a down-
by brokensegue 7y ago
plenty of people support a family on $60k/yr so take the remaining 440k minus taxes and buy two porsches outright. You should be able to save enough for a down-payment on each house given a year of saving.
- geggam 7y agoNo one supports a family on 60k a year. Healthcare alone for a family runs 20k/yr plus simply for insurance
- brokensegue 7y agoYou typically get free insurance when you have a job paying 500k/yr...
- geggam 7y agoIts not free. CFO is very aware of your total cost and its starting to show up on W2's.
- brokensegue 7y agothat's besides that point? When you quote 500k/yr salary that typically includes perks like insurance. But are we really quibbling about $20k in expenses on a 500k salary? Even if I grant you 80k/yr to run your family that still leaves more than enough for your two porsches.