Where is my $390,000.00?

[gostraight]

Originally Posted by cab83_750

According to Forbes.com, article titled "What your car says to the Opposite Sex",



and median income of $390,000.

how much is that per hour?

[Aerkuld]

Originally Posted by cab83_750

"...Take the Porsche 911. Its buyers are 86.8% male with the average age of 51 and median income of $390,000..."

It seems I too am well below the median income, but on the bright side I'm significantly younger than 51 AND I'm 100% male!!

[911Rob]

Originally Posted by gostraight

how much is that per hour?

$195/Hour

Based on a 50 week year at 40 hours per week.
If you figured a 70 hour work week at 50 weeks it'd be $111/Hr.

A million a year is $500/Hour

[cab83_750]

Originally Posted by 911Rob

$195/Hour

Based on a 50 week year at 40 hours per week.
If you figured a 70 hour work week at 50 weeks it'd be $111/Hr.

A million a year is $500/Hour

$390,000.00/2080 = $187.50/hr.

[sjf911]

Remember the power of the AMT. Your tax burden rises very rapidly so it is not as spendable as it seems. I would also imagine that many are self employed and having to set aside a fair amount of their income for retirement, further draining the spendable cash.

[911Rob]

Originally Posted by sjf911

Remember the power of the AMT. Your tax burden rises very rapidly so it is not as spendable as it seems. I would also imagine that many are self employed and having to set aside a fair amount of their income for retirement, further draining the spendable cash.

Yeah, its a real b!tch

Personally, I like tax problems. Call me wierd?

[911Rob]

Originally Posted by cab83_750

$390,000.00/2080 = $187.50/hr.

50 work weeks in a year (as stated)
40 work hours in a week (as stated)
2000 work hours/year

$195/Hour

You charge out whatever you want.

[cab83_750]

Originally Posted by 911Rob

50 work weeks in a year (as stated)
40 work hours in a week (as stated)
2000 work hours/year

$195/Hour

You charge out whatever you want.

Wow! I an unsure (and this is not a matter of right, wrong or indifferent), but...

1. 365.25 / 7 = 52.x weeks
2. 52 * 40 = 2080 hours
2. Our payroll system uses 2080 hours to calculate your hourly rate.

I must be getting paid an extra 80 hours.

$187.50/hr.

[911Rob]

tell ya what. you win.

[tabs]

With a median income of 390K Porsche must be only selling 2 cars a year. Believe me I don't want to make 390K a year. I try an make as close to $0 as I can every year.