- cross-posted to:
- aboringdystopia
- cross-posted to:
- aboringdystopia
They’re forgetting shoes.
But seriously, somehow I finally have a little leftover to save for retirement and build my emergency fund, now that I’m fully supporting my kids and paying a crap load of child support. I have no idea where all that money went when I was married, except possibly her shopping habits
Did she work and earn money herself as well?
I miss Dream On. Brian Benben is very likeable and so is Wendy Malik. And the kid was in that Star Trek episode where he was Riker’s fake son but was actually an alien in a giant holodeck…
Sorry, I was trying to distract myself from living in the broken, impoverished supposedly light of the Western world.
I think people underestimate lifetime earnings. Let’s assume 35 years of salary work to retire at 65 (it takes a while to get a career going an maybe a layoff and parental leave…) That would be about 125k a year. Make that a dual income family and that’s 2 people making 63k a year. It’s a bit hard to understand pre and post tax though because some of the calculations like retirement are pretax. And then factor in gains from investment…
So isn’t this calculation saying a 2 family income making median can live the dream? That’s not great for 50% of Americans and probably means a lesser proportion of Americans can attain the dream than before. But that number 4.4 million actually is not crazy high.
While that’s more than reasonable to expect for techies, for example, in todays world, that’s CEO pay 35 years ago.
While I’m too lazy to do the math, I’d like to see
- what does median pay look like for 35 years?
- what would that need for an inflation adjusted constant pay?
- how about a typical career progression for a field where that could be done?
Median income is 76k per household, so no, a 2 job family making median cannot live the dream.
Add the expense of having kids.
Add the expense of looking after parents.
Add the expense of healthcare costs.I would guess all of these are included in the 4.4 million
How many um, how many lifetimes do I get again?
Approx. .7 lifetimes.
I believe it’s more like 0.7² lifetimes, approximately 0.49 lifetimes.
Advertised lifespan vs actual right here
Nah it would be advertised as .9⁸ instead (which is 0.43)
I feel like that’s higher than the actual livable and free lifetimes the average person has.
Hooray for capitalism.