Why a couple with an income of $ 500 thousand can not be considered rich in New York
'07.03.2018'
Source: CNBC
Surveys show that a significant portion of Americans do not have savings, and even if it comes to people who receive several hundred thousand dollars a year, they still have problems in order to save money for the future.
For example, a couple from New York has a total income of half a million dollars, but after all their expenses, they have almost nothing left, writes CNBC.
The family provided information about their budget on condition of anonymity. Each spouse works as a lawyer and receives $ 250 a year. They are 000 years old and have two small children.
The money that they really get on their hands after taxes and their expenses are shown in the table below.
From the budget it is clear that they both make the maximum possible contribution under the pension plan 401 (k), and also spend a lot on the return of student loans. But, despite the fact that their income allows them to qualify as a “higher class”, after paying taxes, childcare costs and other household expenses, every year they have the opportunity to postpone only 7 300 dollars.
Thus, high income, especially in expensive US cities, absolutely does not guarantee the opportunity to lead a luxurious life.
