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Six Figures Is the New Minimum Wage

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6-Figures is not what it used to be. I'm going to go over that in this post. I crunched some numbers on this to help illustrate how income looks these days and how far your dollar goes. First off: This is not financial advice nor am I trying to take the place of a professional. Please make your own decisions about what you want to do with your money. This is just educational to illustrate income, retirement accounts in relation to expenses. Consult a professional for personalized advice. Also: All of the calculations made here are assuming a single filer, NOT married or filing jointly. I'm also assuming a non-income-state-tax state like Florida, Texas or Nevada. Retirement Terminology Let's define some terms before we begin so we're all on the same page here. If you already know what these are, then you can skip to Scenario 1 401k A 401k is an employer sponsored tax-deferred investment account. Usually your job will offer this as an option. They may also provid...

Modern Problems In a Society of Today

Introduction In today's busy world of hustle and bustle, we seem to have become lost in the sauce of life. Many of us are detracted, detatched or otherwise disconnected from one another, life, our systems and our planet. Also, in today's media, there's a lot of talk about these problems, but not nearly enough action, let alone any direction. I am putting this essay together to hopefully leave behind some breadcrumbs of my work in improving this in whatever ways I can. If I can touch an individual, a nation or a system, I will have done my job if I can leave this place better than I found it. Better in that people that I connect with find their sense of self-love and begin to identify The Self for them. With this, I hope to write my obituary. When people talk about me, one day, I want them to say "well, he accomplished his goals and that included improving on these 7 foundational points." -- of course, that's very high-level and very aspirational, but aim for...