I’m redoing the poll for I’m redoing the poll for gross income, since there were some confusion about what I mean by NET. Hopefully there’s less confusion with gross.
carlsbadworker
May 24, 2010 @
8:41 PM
I will think you need more I will think you need more sub-categories above 30%. After all, assume tax is around 30%, there are still lots of possibilities.
Also, what is counted as savings this time?
an
May 24, 2010 @
9:11 PM
Same as before, IRA, 401k, Same as before, IRA, 401k, 529, etc.
I don’t think we really need more above 30%. For those HH income around $150k, that’s $45k. I was told it’s atypical to save that much. So, for those voted for >30%, they’re either very very well off or they’re great savers or they’re BSing.
(former)FormerSanDiegan
May 25, 2010 @
8:17 AM
Gross is much easier to Gross is much easier to compute.
While we were probably well over 30% of net, we are now in the 20-30% of gross.
Coronita
May 25, 2010 @
9:19 AM
Relative to where I want to Relative to where I want to be, my income is gross.
sdcellar
May 25, 2010 @
10:26 AM
Gross isn’t bad if you mean Gross isn’t bad if you mean twelve dozen thousand dollars.
IT.MOM
May 25, 2010 @
11:11 AM
Does the income include Does the income include realized investment income, like stock, future, mutual funds? What if they are re-invested and in working.
When you say save money, do you mean in a saving acount? Or put it in hard work?
an
May 25, 2010 @
11:31 AM
You can count realized gain You can count realized gain if you like, but then you would have to count it in as saving and count realized losses too.
Saving is anything that’s not expense, 401k, savings, IRA, 529, ESA, fsa, hsa, etc.
May 24, 2010 @ 7:51 PM
I’m redoing the poll for
I’m redoing the poll for gross income, since there were some confusion about what I mean by NET. Hopefully there’s less confusion with gross.
May 24, 2010 @ 8:41 PM
I will think you need more
I will think you need more sub-categories above 30%. After all, assume tax is around 30%, there are still lots of possibilities.
Also, what is counted as savings this time?
May 24, 2010 @ 9:11 PM
Same as before, IRA, 401k,
Same as before, IRA, 401k, 529, etc.
I don’t think we really need more above 30%. For those HH income around $150k, that’s $45k. I was told it’s atypical to save that much. So, for those voted for >30%, they’re either very very well off or they’re great savers or they’re BSing.
May 25, 2010 @ 8:17 AM
Gross is much easier to
Gross is much easier to compute.
While we were probably well over 30% of net, we are now in the 20-30% of gross.
May 25, 2010 @ 9:19 AM
Relative to where I want to
Relative to where I want to be, my income is gross.
May 25, 2010 @ 10:26 AM
Gross isn’t bad if you mean
Gross isn’t bad if you mean twelve dozen thousand dollars.
May 25, 2010 @ 11:11 AM
Does the income include
Does the income include realized investment income, like stock, future, mutual funds? What if they are re-invested and in working.
When you say save money, do you mean in a saving acount? Or put it in hard work?
May 25, 2010 @ 11:31 AM
You can count realized gain
You can count realized gain if you like, but then you would have to count it in as saving and count realized losses too.
Saving is anything that’s not expense, 401k, savings, IRA, 529, ESA, fsa, hsa, etc.