The Ceiling Math — What Your Income Really Looks Like
$35/hour sounds solid until you do the full annual calculation.
$35/hour at 2,080 hours = $72,800. But you do not work 2,080 hours. Realistic: 1,800-1,900 hours = $63,000-$66,500 gross. After federal tax (12-22%), state tax (3-7%), and FICA/Medicare (7.65%), take-home is $42,000-$50,000. Project that forward twenty years. Can you build the life you want on that trajectory? …
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