Originally posted by LovingFather32
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Reality check:
60,000 1 child full table of: $ 546 or 6,552 a year. (11% of income)
65,000 1 child full table of: $ 594 or 7,128 a year. (11% of income)
100,000 1 child full table of: $ 880 or 10,560 a year. (11% of income)
150,000 1 child full table of: $ 1,263 or 15,156 a year. (10% of income)
Many financial planners recommend that you save 10% to 15% of your income for retirement, starting in your 20s.
I think the flaw in your situation (systemic) is that the offset calculation should start off that CS is divided by two right off the start. Where you take your table amount for both parents and / 2. Offset fails to recognize the half the time the children are with either parent. It is an unbalanced distribution of wealth at times.
But, really, 11% shouldn't put anyone in the poor house.
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