"by age 40 you should have savings equal to three times your annual salary" Jesus Christ this is ruinous for people who wasted away for years in grad school before taking a tech job in their early 30s
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I'm saving about a a quarter of what my gross income is every year (and the taxes are Ruinous and rent is another eighth of pre-tax gross) god assuming I continue this and no net change in my portfolio's value or my salary . . . I end up at maybe 1.75x my salary at 40 brutal
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Replying to @eigenrobot @chc40
I mean federal's are a bitch but what taxes are ruinous? all i'm seeing in seattle is 2.25% for >200k
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Replying to @totoTavrinky @eigenrobot
Virginia state tax for me is like 5% but yeah federal is the bitch. me investing 5% until im 40 is like the price of another house tho
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plugging numbers into compound interest formulas and realizing how bullshit techfucker salaries are again
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Replying to @eigenrobot @totoTavrinky
numbers get big fast i dont trust them
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yeah legit I don't either thats why I try to save that shit
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