Nothing fancy-Just an average 200k house,3 year old car,health insur.,retirement plan,vacations.......Would 100 k be enough? After taxes maybe 60k take home.
2006-10-26 23:18:17 · 5 answers · asked by super stud 4 in Business & Finance ➔ Taxes ➔ United States
you call a 200k house not fancy....well , I guess is all depends on where do you live...where I live 100k salary and 60k bring home ..you rich..I live in a small town in IL.
2006-10-27 04:04:45 · answer #1 · answered by Rosie 3 · 0⤊ 0⤋
60k take home is plenty if you are single. good luck buying a 200k house with that pay unless you put up a huge down payment (over 40k).
You should have plenty left for a 3 year old car (unless it's a luxury with low miles).
Vacations will be easy to do.
Retirement saving is possible.
Health insurance, if you get it through work, is possible.
2006-10-26 23:30:01 · answer #2 · answered by viewAskew 5 · 0⤊ 0⤋
For someone on their own with a 200K house.. and all the things you mentioned.. there are other things to take into consideration.
Lets see what kind of bills you have? There's phone, power, cable or satellite, food and personal items, water and sewage, then add the mortgage, car, insurance, retirement plan and your vacations. But there's so much more that you're not mentioning that you may or may not have to pay. Property taxes, car payment amount? car insurance amount? It's hard to say
Sit down with a piece of paper and write down every bill you have and all the money you spend.. add it all up
2006-10-27 02:38:03 · answer #3 · answered by Imani 5 · 0⤊ 0⤋
country? city? kids? wife? cars paid off? mortgage on house? credit card debt? lifestyle? standards of living?
you really expect an answer with all that missing?
maybe you just want a tap on the back...
good job bud. it will all be great.
2006-10-26 23:19:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes
2006-10-26 23:19:18 · answer #5 · answered by ? 5 · 0⤊ 0⤋