Season 1, Episode 2 – The Budget (Feb 2018 edition)

OVERVIEW SAVINGS GOAL: $600K OBJECTIVE: (shooting for the stars) EARLY RETIREMENT: $600k   DEFAULT: ($300k, landing in the clouds) 10 YEAR SABBATICAL @ $30K/YR GOAL DATE: 2028 (Labor Day) Age 44 GROSS SALARY: $89,440 ($43/HR) NET SALARY: $67,080 (estimated at 25% TAX RATE) SPENDING BUDGET: $2,500/ mon ($30K/YR) SAVINGS BUDGET: $3,115/ mon total (37K/YR) *Using the …