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Off Topic Off Topic - General non-Corvette related discussion. |
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09-08-2020, 10:59am | #1 | ||||||
A Real Barner
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upper/middle/lower income level calculator
Interesting income level calculator that adjusts for your local area.
https://www.pewresearch.org/fact-tan...-middle-class/ |
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09-08-2020, 11:22am | #2 | ||||||
Bantayan Kids '13
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Upper 20% in my area.
I don't believe that. |
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09-08-2020, 11:32am | #3 | ||||||
A Real Barner
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It says upper income level along with 18% of others for my area. I kept adjusting the income level to see at what level it changed here. I dropped our income level by $60k before it dropped us down to the middle income level.
I sure don't feel upper income level. |
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09-08-2020, 11:37am | #4 | ||||||
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I want my reported income as low as possible.
Helps w ACA |
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09-08-2020, 11:43am | #5 | |||||||
A Real Barner
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09-08-2020, 11:47am | #6 | ||||||
A Real Barner
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My plan when I retire is to not owe anyone any money. That way I only have to pay basic monthly expenses and not draw to pay for a mortgage or anything. I also have both a traditional and a Roth 401k. When I start getting too close to the next tax bracket I'd draw from the Roth since it's already been taxed and keep myself out of the next bracket. Of course we'll have both our military retirements and both our SS checks which is going to keep us in a higher tax bracket. I'd just like to stay in the lowest one possible.
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09-08-2020, 11:50am | #7 | ||||||
Dogface
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09-08-2020, 11:56am | #8 | |||||||
A Real Barner
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09-08-2020, 11:59am | #9 | ||||||
Due to inflation they are no longer free
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It said i should be out on the streets saying Homeless Veteran needs food.
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09-08-2020, 12:00pm | #10 | ||||||
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Huh, it appears I'm low income.
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09-08-2020, 12:12pm | #11 | ||||||
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09-08-2020, 12:24pm | #12 | ||||||
Chief Meat Gazer
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mine said
"file for bankruptcy" |
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09-08-2020, 12:26pm | #13 | |||||||
A Real Barner
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It don't count the money you got in the bank from malpractice lawsuits. |
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09-08-2020, 12:36pm | #14 | ||||||
Due to inflation they are no longer free
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09-08-2020, 12:44pm | #15 | ||||||
A Real Barner
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09-08-2020, 12:48pm | #16 | ||||||
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We live in a upper middle class neighborhood, and I would bet that based on household income, we're at the bottom of our circle of friends.
I often wonder if we're too conservative with our money. I have a hard time striking a balance between saving for the future and living for today. |
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09-08-2020, 12:51pm | #17 | ||||||
Due to inflation they are no longer free
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09-08-2020, 1:00pm | #18 | |||||||
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09-08-2020, 1:14pm | #19 | ||||||
A Real Barner
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Long retired and we are on pensions, SS and profits from my portifilo, it puts us square in Middle Middle class. Not bad for a blue collar union pipefitter/welder and a wife that first started out at entry level working for the state and left as a Department manager!
Made it a point when we retired to have no mortgage and built a new paid for house at the lake. |
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09-08-2020, 1:35pm | #20 | |||||||
A Real Barner
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