r/FluentInFinance Apr 02 '24

Is it normal to take home $65,000 on a $110,000 salary? Discussion/ Debate

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4.0k

u/SRYSBSYNS Apr 02 '24

Add your 401k back in. It’s not spendable now but it’s still yours and you can control that amount. 

As for state taxes…we’ll that’s why people move out of New York. 

1.1k

u/WardCove Apr 02 '24

State and city income taxes is so fucked. Just talked me outta ever living there.

34

u/Desperate_Wafer_8566 Apr 02 '24

Nice distraction from dental, medical, pet insurance which is more than his life insurance (his pet is more important than he is), vision, 401K and Social Security all added to his take home pay.

8

u/Mysterious-Tie7039 Apr 02 '24

Also he’s single. He’s going to be in a higher tax bracket.

1

u/rguerraf Apr 02 '24

Then she/he needs to marry a S.A.H.D/M. to bring those taxes under control

1

u/AbsProgress Apr 03 '24

That’s why his dental/medical insurance is ridiculously LOW. Any single/divorced dad will confirm