Quote (waw @ Nov 10 2014 01:06pm)
so that makes it 4k/month which is basiclly a standard paycheck
retire at 35? good luck
Strong math. Even if the lotto were taxing 50% (which i highly doubt they can do) you'd get 1250 weekly and 5k a month. Assuming you get 1500 + you are looking at 6k with no commuting or work related expenses. 6k monthly goes a long way, and easily eats a heavy mortage + all expenses imaginable.
Edit: Plus the whole purpose of working until 35 is that your property is paid off leaving you with only a couple of expenses (real estate taxes, car upkeep, and utilities)
This post was edited by noflexzone on Nov 10 2014 11:10am