3 ms·
So. Couple of things. That is 800k tc and not base. Id say 250-300k based. But let us go with this being fully liquid and ignore vesting, exit event etc. Hal
by flashgordon 3y ago
So. Couple of things. That is 800k tc and not base. Id say 250-300k based. But let us go with this being fully liquid and ignore vesting, exit event etc.
Half of that is tax - so 400k. A (crappy?) house in the bay area is 2-3M (sam I thought was pretty adamant about RTO). Property tax is 1.25% (so about 40k a year?). Currently at 5% we are looking at 150k a year on mortgage interest alone.
Private schooling is around 2-4k per kid (after tax). But let us say you are public schooling.
Assume you already have a car and no desire for fancy cars.
Assume you hardly eat out and don't go on vacations.
Assuming you have no other expenses id say yeah it is pretty easy to spend 800k!