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/biz/ - Business & Finance


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57588373 No.57588373 [Reply] [Original]

>20k away from seven figure hell but I just realized it's actually mid six figure hell due to inflation

>> No.57588385

>>57588373
>7FIG HELL
>Still can't afford a decent home or retirement
>After tax back to six figure hell
Shiggy boogyboo

>> No.57588392
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57588392

>>57588373
>600k away from 7 figure hell
I JUST DONT WANNA WAGEKEK ANYMORE

>> No.57588410

>just remembered I gotta figure out my taxes yet again with crypto, multiple royalties, five retirement accounts and some business write-offs
always felt like you needed to be in eight figs to rationalize getting an accountant but feel like I'm there early bros

>> No.57588423

You need at least $4 million now.

$1.5-2 million in taxes, $2 million for a house, and the rest for a car or whatever. You'll still need to wage until you die for monthly expenses.

>> No.57588543

>>57588373
Yeah I was pissed when I realized that. I've already cut my expenses to the bone so 100% inflation on fast food and 50% inflation in the grocery store really hurts me a lot, proportionally. Like it's cut my NEET runway from 200 years down to just 100 years. Sure I'll be okay, but not if this shit continues and not if bitcoin doesn't pump hard this cycle.

>> No.57588781
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57588781

>>57588373
Bro, it's called 7 figure purgatory. It's one step above 6 figure hell and two steps above 5 figure abyss.
>picrelated

>> No.57588822
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57588822

>>57588373
I am 1.5MM from 8 figure heaven.
Once I get to 8 figures, I will finally get laid.