“With an inflation rate of 10%, your $100,000.00 salary needs to increase to $161,051.00 in 5 years to maintain your purchasing power.”
👇🏻
“Many people know about Compound Interest, but few people know about Compound Inflation.
With our Compound #Inflation Calculator, you can easily calculate the amount your salary needs to increase to maintain your purchasing power over time.
Simply enter your current salary, inflation rate, and the number of years you want to calculate for, and our calculator will show you what your salary needs to be to keep up with inflation.” nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4, learn more about compound inflation here!
https://bitcoin.rocks/compound-inflation-calculator
Study #bitcoin 🧡 nostr:note1s6mfvmyftdaqqddk82778dhjt3twdsv644valm00jsnmf8yxqttqn6z582
Also if you live in a place like Canada or NY, your income tax over 100K is around 50% (45%)
So you need probably 200K a year considering the income tax at high level that you are paying.
nostr:note1aaexln5hgvnnshyr3h7farjy53a46e4k86tmg27fjhr20gte73zsp3ka8w
No replies yet.
