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Victor_c3

(3,557 posts)
26. I'd label myself as middle class
Thu Jan 19, 2023, 12:01 PM
Jan 2023

My income is roughly $125,000 before taxes and about $8,800 a month after taxes and withholdings and whatnot. Out of that, I pay roughly $1,500 a month in alimony and another $1,500 a month in child support. So, I live off of about $5,800 a month.

When I used to live about an hour north of NYC, that wouldn’t be enough to support a family of four at a modest level.

Now that I’m divorced and living in the Toledo, Oh area, that $5,800 a month goes quite far supporting me as a single guy.

Seems to me a measure of self-deception bucolic_frolic Jan 2023 #1
Here's a handy dandy calculator! 50 Shades Of Blue Jan 2023 #2
Thanks for that! mvd Jan 2023 #3
:) 50 Shades Of Blue Jan 2023 #4
According to your link, I am definitely lower income now mvd Jan 2023 #5
I am so sorry to hear that. As retired Feds, my husband and get comfortable pensions, 50 Shades Of Blue Jan 2023 #10
Says I'm middle (not upper or lower) jimfields33 Jan 2023 #6
Should be based on your net worth, not income. n/t Yavin4 Jan 2023 #8
It definitely should take net worth into account - Ms. Toad Jan 2023 #11
My B-I-L is in the same boat. DFW Jan 2023 #14
Apparently, I'm in the upper income bracket and the majority of people like me are. SYFROYH Jan 2023 #25
Being "well off" is relative. Compared to what? phoenix75 Jan 2023 #7
That's why I used some flexibility here mvd Jan 2023 #9
I'm personally low income (disabled) Elessar Zappa Jan 2023 #12
That's good they have the pension mvd Jan 2023 #13
That's a tough situation. Elessar Zappa Jan 2023 #15
Yeah, second try mvd Jan 2023 #16
Get a lawyer. Elessar Zappa Jan 2023 #17
Also... write your congressperson Takket Jan 2023 #19
Yep, my rep is a Dem mvd Jan 2023 #28
It depends on what you mean by "well off". elocs Jan 2023 #18
You make a good point Sympthsical Jan 2023 #20
This is weird Sympthsical Jan 2023 #21
+1 Emile Jan 2023 #22
Yup nt XanaDUer2 Jan 2023 #24
I was genuinely curious mvd Jan 2023 #27
Totally agree this is weird Firehawk Jan 2023 #29
Passing, Because... ProfessorGAC Jan 2023 #23
I'd label myself as middle class Victor_c3 Jan 2023 #26
Latest Discussions»General Discussion»How well off financially ...»Reply #26