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Oh it would take longer than that when you figure in having to pay

Posted by $11K per year SS tax plus 32% income tax bracket. sm on Fri, Oct 15 2021 at 05:36 AM CDT:

In Reply to: if you got paid $100/hour for 40 hrs/week for 50 weeks per year it posted by would take you 1,110,000 years to make as much as the richest person in the world already has. on Fri, Oct 15 2021 at 04:40 AM CDT:

Even after contributing 5% to a 401K, you're still on the hook for approx $50K total tax to the Federal government, not to mention the local & state taxes paid on sales tax or local income tax.




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