It used to be that the average person would earn a million dollars (total) from the ages of 18 to whatever year it was you were expected to retire back then. I want to say between 18 and 65,
That's what they told me when I was like 16.
Most of my taxes are 'capital gains' taxes. That's awesome,'cause being taxed as regular income is a whole lot more expensive.
Yeah, it's a marginal tax rate - but it gets to be like 37% (plus State). So, after the first 600k you're paying almost 40% of your additional earnings on taxes.
I don't think I am going to make it to a million. Though miracles do happen?
I am not positive, but I think the dude that didn't practice ended up not getting a medal. Don't quote me on that.
And, yeah, you're getting a bit old to make a million dollars. Back when I was a kid, a million meant a lot more. That meant you'd retire in decent luxury and had been able to put your 2.5 children through college while owning your own home in an affluent area.
So, yeah... You're not doing that on a million dollars these days.
If i could draw 50,000 people to a concert and make at least twenty dollars off of each of them I could have a million dollars
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