35-Year-Old Mother Is Saving $85,000 a Year in New York City and Plans to Retire in 5 Years.

[tallblacknyc]

gotdam 147g really, shit i need that gig

All I got to say is 1 of my aunts is a retired NYC teacher..she was making 6 figs a yr at 1 time.. Even brought a brownstone off her earnings.. Now she retired sitting on bread, collecting her pension, and getting money off her tenants, and bread off her other bizz.. She was 1 of my aunts that use to and even sometime now bless me with out of nowhere dough... She 1 of the reasons why when i use to hear teachers are under paid I'd be like huhhh.. Than I found out not all teachers across america get paid the same

 

[SPECTRE1]

We need financial advice catered toward us that reflects our situation with high unemployment and rampant job discrimination.

 

[fonzerrillii]

Here we go with these bullshit ass stories. I’m saving 200k per year in midtown Manhattan you can too!!!!

Gtfoh

I came in here to say the exact same thing...

 

[sirjam1]

I’m assuming he’ll get a solid pension too at maybe mid-50s so his years in the workforce will likely be less than most.

The husband make $72k. The article says that he saves 50% of his income in two retirement account $18k each...

 

[ViCiouS]

CLIFF NOTES TO HOW THY DID IT:

• The couple bought their home, a single family home in South Brooklyn, on a short sale.
• 
  
• They used some proceeds from the sale of their one-bedroom in Downtown Brooklyn to renovate their new place.

Cutting out housing, and cars will allow most to live well. Question is, are you willing to get rid of your nice ride and live in a modest home you paid cash for over a few yrs? Most people just don't think it's worth it.

a short sale in south Brooklyn hoods is not in the price ranges you might be imagining
Its implied they didn't use money from the apt sale to buy the house...

If she isn't generating +150k/ yr and / or is a recipient of some form of financial trust or inheritance - the breakdown provided in this article is complete



there are significant amounts of resources missing from her story

 

[Amajorfucup]

Prob gonna invest in lil things like vending machines and live off that money... Fill up snacks once a week/collect money..repeat

Thats a whole lotta snacks.

 

[largebillsonlyplease]

I'd just save 85k a year.











Every year









For all the years

 

[TEN]

Story crafted for marketing and if even remotely true, the bitch is a bed wench...ever met a nigga name "Woody"?

 

[RoomService]

The fuck yall niggas from...I have never known a nigga name woody directly or indirectly in my 38 years on this earth.

Keep living