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iHav to Drive
European Imports
Would I be able to afford an Audi R8?
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<blockquote data-quote="JimmyLin" data-source="post: 2268254" data-attributes="member: 792175"><p>Hypothetically speaking of course...</p><p></p><p>If I earn 200,000 a year, deduct 30% tax, that leaves me 140,000. </p><p>If I save 30% of the total, I should be able to afford the car (around 150,000) in 4 years. Right?</p><p></p><p>Is my calculations too imaginative? </p><p>Is it even possible to save 30% of one's income? </p><p>And with an income of 200,000, would the tax rate be more?</p><p></p><p>A little more background: If I graduate MD school at 26, finish my residency at 30. I should be able to acquire the car before I'm 35, no? </p><p></p><p>By all means, shatter my dreams. I do believe I need a reality checkXD</p></blockquote><p></p>
[QUOTE="JimmyLin, post: 2268254, member: 792175"] Hypothetically speaking of course... If I earn 200,000 a year, deduct 30% tax, that leaves me 140,000. If I save 30% of the total, I should be able to afford the car (around 150,000) in 4 years. Right? Is my calculations too imaginative? Is it even possible to save 30% of one's income? And with an income of 200,000, would the tax rate be more? A little more background: If I graduate MD school at 26, finish my residency at 30. I should be able to acquire the car before I'm 35, no? By all means, shatter my dreams. I do believe I need a reality checkXD [/QUOTE]
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