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by a_cactus 3044 days ago
360K in passive income a year?
2 comments

Pretty sure, but not 100%, that I could just maybe scrape on 360k/yr. /s
*Before taxes?
That's still 180k a year post-tax. That's still enough to fund an absolutely lavish lifestyle, even in the highest cost of living locations. It's not MTV Cribs rich, but it'll still put you in the 95%ile in Manhattan, to say nothing of more reasonable locales.
It's probably more than that if you've structured your passive income such that decent chunks of it are long-term capital gains at 20% federal.