According to the IRS Tax Withholding Calculator and my budget, it is possible for us to live our current lifestyle and still contribute to retirement on my husband's income. This discovery makes me happy, for my husband earns under the median household income in our city.
This means my salary goes toward more retirement, taxes, goals beyond subsistence, and home remodeling, and vehicle replacement. This also means if one of us were unable to work for a spell, we'd get by for more than six months. Or should I say "his" salary, because I earn more...
One frugal victory
June 18th, 2008 at 02:31 pm
