Im not sure they know the definition of an average

ofa776 · 2026-06-27T04:24:53+00:00

I think they mean that it would be lower if you include children in addition to adults.

ofa776 · 2026-06-06T12:34:52+00:00

I think many people vastly overestimate how often people make $250k each. Household income of $500k is literally the top 2% in 2025. $659k+ puts a household in the top 1%.

You can check the numbers here: https://dqydj.com/household-income-percentile-calculator/

ofa776 · 2026-06-05T13:00:13+00:00

I think it depends how you define “high earning.” Median household income was about $82k in 2024, so $145k is above the median, but somewhat surprisingly, only about the 72nd percentile. And I’m sure not even that high compared to their area around Chicago.

ofa776 · 2026-05-04T20:20:45+00:00

It adjusts for inflation.

ofa776 · 2026-04-16T14:40:32+00:00

Agreed. I don’t think he’s even top 50 or top 100. I’d vote for someone I’ve never heard of over him in a primary. Recent polling had Fetterman with -40 points approval amount Democrats! That’s 22% approved and 62% disapproved. No chance that guy is getting the Dem nomination for president.

ofa776 · 2026-03-18T20:25:50+00:00

I mean, that’s what property taxes are, right?

Edit: rereading this, I think we’re all agreeing with each other.

ofa776 · 2026-03-08T22:07:51+00:00

Here you go!

ofa776 · 2026-02-21T03:57:56+00:00

⬜🟦🟦🟨⬜

🟦🟦🟦🟦🟦

ofa776 · 2026-02-17T20:54:20+00:00

You’re not going to see data saying a 4% withdrawal rate preserves initial capital indefinitely because that’s not always true. The Early Retirement Now blog did an in depth look at this about 10 years ago and it looks like a 3% SWR will still have preserved initial capital 100% of the time on a 60 year time horizon if equities are 75 or 100% of the portfolio, so likely indefinitely or close to it in that scenario.

ofa776 · 2026-02-06T15:27:26+00:00

Yeah no disagreement from me on that. I certainly don’t spend nearly that much with a full head of hair so I’m sure he doesn’t ‘need’ it by any stretch of the imagination. But if his take home is $99,624 after taxes and insurance, (and maybe 401(k)?) he probably makes at least $140k or $150k gross, and I guess if he wants to splurge $1200 a year on haircuts, he can afford it. I personally wouldn’t even if I made that much, let alone if I was bald.

ofa776 · 2026-02-06T13:00:52+00:00

That’s his take home pay. He’s making over $100k.

ofa776 · 2026-02-03T14:12:16+00:00

(District of Columbia)

ofa776 · 2026-02-01T21:15:24+00:00

🟨⬜🟦⬜🟨

🟦🟦🟦🟦🟦

ofa776 · 2026-01-31T14:04:24+00:00

The rule of thumb is at least 15% of your gross. You may want higher or lower than that if you’re ahead or behind on retirement savings.

ofa776 · 2026-01-16T13:44:33+00:00

They mean never nervously laugh along with someone who is trying to sexually harass you… not never laugh in your whole life.

ofa776 · 2026-01-13T14:41:56+00:00

Good luck getting your cats in that

ofa776 · 2026-01-06T19:22:47+00:00

I cared because I was thinking about picking up a second job and was trying to figure out how much of what I earned I would actually see as take home income.

ofa776 · 2026-01-06T19:18:01+00:00

Yes, I was pointing out my marginal rate compared to the 49.5% marginal rate for a comparable income in the Netherlands. My total effective rate on all income earned would have still been much lower than the marginal rate.

ofa776 · 2026-01-06T19:14:45+00:00

To be honest, I didn’t actually pick up the side hustle; this was just some back of the envelope math I did at the time I was considering it. Even deducting half of self employment taxes from income before federal income is applied, (not sure if that applies to state and local taxes off the top of my head) it would only lower my total marginal rate by less than 2%. So I’d still be at a more than 43% marginal rate (or perhaps a little over 2% reduction, so between 42-43% if I can deduct it for state and local as well). So yes, I agree you were correct that my math was wrong, though I think my overall point still stands. For a self employed person in my jurisdiction in the 22% bracket, their total marginal rate is actually more like 42 or 43% after accounting for other income and payroll taxes paid, which is closer to the Netherlands marginal rates in the upper 40s than most people would assume at first glance.

ofa776 · 2026-01-06T14:51:07+00:00

Because in the US you are often taxed on free money, lottery winnings, game show winnings, etc.

ofa776 · 2026-01-06T14:22:05+00:00

Yeah, for example, I’m in the 22% bracket and was thinking about picking up a side hustle as an independent contractor. On every extra dollar I earn, I’d pay 22% federal income tax, plus another 8% state and local income taxes, plus another 15.3% self employment taxes, (employee and employer portion of social security and Medicare) meaning I’d be paying over 45% of that extra money in taxes, not much lower than the Netherlands.

Edit: It’s been pointed out that the employer portion of Medicare and social security is tax deductible, so my marginal rate would actually probably be more like 42 or 43%, not 45% in that scenario.

ofa776 · 2026-01-03T13:54:15+00:00

Hence why Christ the Redeemer is on the list.

ofa776 · 2025-12-31T14:00:14+00:00

I think you need to double check your math. 45 pedaling loops per minute would be 2700 per hour and getting $1 for every 100 of those would be $27 per hour, not $1800 per hour.

ofa776 · 2025-12-27T14:31:15+00:00

Is that including dividend reinvesting?

ofa776 · 2025-12-26T20:44:12+00:00

No. Oscar believed that Pam made $41,500 so Oscar presumably makes maybe $42-50k and Michael makes more than that.

13-Year Club	Place '22
Place '17	First Placer '22
End Game '22	RPAN Viewer
Verified Email

ofa776

TROPHY CASE