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Topic$1 million or you are immune to paying any sort of taxes
emblem-man
03/09/23 10:51:35 AM
#28:


bigblu89 posted...
Converse to that, you can do the same with all the money you save in taxes. My property taxes along are about $7k a year, add in the another $8k-ish in income tax, sales tax, etc. my wife and I pay, You're looking at about $15k that I could invest on an annual basis.

That's why this is actually one of the better either/or questions that's been asked on here.

While, yes, it's based in fantasy, it's also one that really has no downside answer.

Yeah it will be person dependent for sure. 500k having 20 years of compounding interest is a situation that will be more useful for most people I think

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