How much can you save after working for a decade in merica?

[Yomama20]

Most of our folks fall under $150K bracket. 

Taxes are around 33-40%. 

Give or take after all expenses, you going to save may be $40K a year?(Yes thats not at all the case for consultancies/OPT group which is around 90% of the general populous). 

So that adds up to $400K for a decade.

Being Indian we translate that to rupees and it rounds up to Rupee 3.2 Crores taking $ = Rs80 which isnt the case for a decade but you know if we are being generous to smooth out our egos. 

For 20 years, if we are careful with investments and all, we might earn/save up to $1M (taking both wife and husbands earnings/investments). 

20 years ideally almost every MS guy should look at $1M saved up money, if he/she did everything right and by the book. 

How many of you agree with these numbers? If am wrong, where do you think we should adjust the math at? 

 

Also, i didnt consider all the expenses that incur with having/raising kids in usa(thats up to your volition).

[Sixers]

Wife savings kuda veyyi bhayya

[JavaBava]

2 hours ago, Sixers said:

Wife savings kuda veyyi bhayya

Wife to savings kuda untaya bhayya only spending ee 

[baabaa]

Single income meda 10K-20K/yr save avutayi bhaya with wife and 2 kids. As kids start growing up vala activities kharchulu bane pergutayi especially if the kid is at competitive level in sports because malla special training/coaching ani bane pulihora untundi. Adi emi lekunda kids only school/home/ipad/TV and wife cooking/cleaning at home only with no outside eating/tours ante maybe inka ekkuva save avutayi

[Sixers]

18 minutes ago, JavaBava said:

Wife to savings kuda untaya bhayya only spending ee 

Ante double income gallu untaru kada bhayya

[DuvvaAbbulu]

4 hours ago, Yomama20 said:

Most of our folks fall under $150K bracket. 

Taxes are around 33-40%. 

Give or take after all expenses, you going to save may be $40K a year?(Yes thats not at all the case for consultancies/OPT group which is around 90% of the general populous). 

So that adds up to $400K for a decade.

Being Indian we translate that to rupees and it rounds up to Rupee 3.2 Crores taking $ = Rs80 which isnt the case for a decade but you know if we are being generous to smooth out our egos. 

For 20 years, if we are careful with investments and all, we might earn/save up to $1M (taking both wife and husbands earnings/investments). 

20 years ideally almost every MS guy should look at $1M saved up money, if he/she did everything right and by the book. 

How many of you agree with these numbers? If am wrong, where do you think we should adjust the math at? 

 

Also, i didnt consider all the expenses that incur with having/raising kids in usa(thats up to your volition).

Bro yealry 40k savings ante Hypothical bro , naku 5 k kuda save avtha levu 

CC bills ki pothunay antha

[Oscar_Buddodu]

4 hours ago, Yomama20 said:

Most of our folks fall under $150K bracket. 

Taxes are around 33-40%. 

Give or take after all expenses, you going to save may be $40K a year?(Yes thats not at all the case for consultancies/OPT group which is around 90% of the general populous). 

So that adds up to $400K for a decade.

Being Indian we translate that to rupees and it rounds up to Rupee 3.2 Crores taking $ = Rs80 which isnt the case for a decade but you know if we are being generous to smooth out our egos. 

For 20 years, if we are careful with investments and all, we might earn/save up to $1M (taking both wife and husbands earnings/investments). 

20 years ideally almost every MS guy should look at $1M saved up money, if he/she did everything right and by the book. 

How many of you agree with these numbers? If am wrong, where do you think we should adjust the math at? 

 

Also, i didnt consider all the expenses that incur with having/raising kids in usa(thats up to your volition).

Around 6Cr min 

[Yomama20]

25 minutes ago, DuvvaAbbulu said:

Bro yealry 40k savings ante Hypothical bro , naku 5 k kuda save avtha levu 

CC bills ki pothunay antha

India lo janalaki ardham avtaledu simple math. They think our folks make ton of money and send it back to make more

[JaiBalayyaaa]

6 hours ago, Yomama20 said:

Most of our folks fall under $150K bracket. 

Taxes are around 33-40%. 

Give or take after all expenses, you going to save may be $40K a year?(Yes thats not at all the case for consultancies/OPT group which is around 90% of the general populous). 

So that adds up to $400K for a decade.

Being Indian we translate that to rupees and it rounds up to Rupee 3.2 Crores taking $ = Rs80 which isnt the case for a decade but you know if we are being generous to smooth out our egos. 

For 20 years, if we are careful with investments and all, we might earn/save up to $1M (taking both wife and husbands earnings/investments). 

20 years ideally almost every MS guy should look at $1M saved up money, if he/she did everything right and by the book. 

How many of you agree with these numbers? If am wrong, where do you think we should adjust the math at? 

 

Also, i didnt consider all the expenses that incur with having/raising kids in usa(thats up to your volition).

You're missing kids bro. Each kid ki cost will be close to 1M for desi parents to finish college and maybe Med School. 

[Abhagyudu]

150k vasthe with 1 kid, you can save at least 50k right?

[Yomama20]

14 hours ago, JaiBalayyaaa said:

You're missing kids bro. Each kid ki cost will be close to 1M for desi parents to finish college and maybe Med School. 

$1M aa mari too much man. Antha avvadu le. 

[Yomama20]

13 hours ago, Abhagyudu said:

150k vasthe with 1 kid, you can save at least 50k right?

aa tax writeoffs unayi ga. 

 

[JaiBalayyaaa]

57 minutes ago, Yomama20 said:

$1M aa mari too much man. Antha avvadu le. 

500k for college and grad school bro. ++ high school activities and expenses

[Point]

43 minutes ago, JaiBalayyaaa said:

500k for college and grad school bro. ++ high school activities and expenses

Mudd! Meeda nalugu peeki merit based scholarship techukomante free ride with quality education+job placement done.

[JaiBalayyaaa]

23 minutes ago, Point said:

Mudd! Meeda nalugu peeki merit based scholarship techukomante free ride with quality education+job placement done.

Pillalni kantam kani valla rathalni kanalemu