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Right I guess the most realistic thing about this calculation is that people who make 15 an hour have no vacation cause they can’t afford to vacation. Let’s pla
by bendergarcia 3y ago
Right I guess the most realistic thing about this calculation is that people who make 15 an hour have no vacation cause they can’t afford to vacation. Let’s play it out:
After taxes probably looking at closer to 900K. After paying off a 30 year mortgage, probably left with 500k? For simple math let’s say I 400k over 40 years that’s 10k left over per year to cover food and all the necessities of life. They’re living on a knifes edge and an inevitable emergency completely derails them.
- fuzzfactor 3y ago>They’re living on a knifes edge and an inevitable emergency completely derails them. I know what you mean, $1.248M sure doesn't buy what it used to any more.