Let me tell you a sad story. In order to comfortably raise a family in an expensive coastal city like San Francisco or New York, you’ve got to make at least $300,000 a year. You can certainly raise a family earning less as many do, but it won’t be easy if your goal is to save for retirement, save for your child’s education, own your own home instead of rent, and actually retire by a reasonable.
why would u throw it all in a 401K.
???? and not a roth to begin with and second theres no way ur going to become a millionaire JUST because u do those things.
.and why wouldn’t you ACTIVELY manage your money.
.? “maxing” out contributions won’t make you rich.
do u know how FAST u would blow through $1 at age 43??? and also why not invest the money so you increase your cashflow to.
The Rich Person’s Game Plan * Depend on yourself. Earning a high level of income is a choice, no matter what the naysayers tell you. It is up to each of us to further our education to develop a skill-set that enables us to earn more.
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Few tax payers either don’t know or are hesitant to file revised return when they find some mistakes in their original return. But their is a provision to file once again a revised return to correct the mistakes or omission they did in original tax return filing.