Oh yeah I do tend to find women's sport way more impressive than the equivalent male division. They tend to go real high action while showcasing ridiculous skill and a whole lot of guts. Meanwhile when you turn in on men's sport you just see them badly feign an injury by rolling around on the ground and crying in order to solicit sympathy from the referee. The replay shows an opponent passed within 10 meters of them and apparently the incident left them crippled and scarred for life.
There's one that just opened here in Cleveland. I've been wanting to go -because they also offer an allergy friendly bar foods menu- https://www.thewsportsbarcleveland.com/
Would be interesting to know what the ratio is for male/female customers, given that men watch more womens sports than women do. Exactly how much more varies between different sports but men are the majority in as near as all womens sports audiences.
The other day I learned there's only 13 teams in the WNBA and as far as titles and championships go the MN Lynx are the best team this state has to offer. Wild never got a cup. Twins won twice though. Vikings don't even start on that one.
If this was all a set up for a loon joke then sorry, lol. I've got brain fog right now I'm literally gonna test myself for covid today. I am not a big sports guy and I don't follow our soccer stuff that much.
Ah its hard to tell tone at times especially with the whole list of other appearing and disappearing comments being snide. Consider me reposting the same words but in a sincerely agreeable tone.
Let's see how long it lasts. Having a successful bar for a year or two is not hard. People love to try new spots. It's getting a constant stream of customers over the years that is hard.
Weirdly, at least according to the New Yorker article, there was a shortage of lesbian hangouts in Portland. The women’s sports aspect worked out, but there was a market niche that was very under served.
I hadn't stopped to wonder, but I had also assumed this to be true. Weird place, but probably one of the only places in the US I'd ever consider living (if I ever decide I hated healthcare and social security, and thus was willing to move to the US)
Portland is such a great place for women's sports. Best supporters in women's soccer, and new ownership of the Thorns FC (bought after the old owner was caught covering up misconduct from multiple employees), are bringing a WNBA team to the city.
Portlander here, and I can attest that Portland is amazing. It has problems like everywhere, but I have to travel around the United States for my work and the Pacific Northwest (Oregon & Washington) is my favorite place. The major cities are fairly progressive and they sit in-between mountains and beaches and are surrounded by all sides by forests. Go past the mountains and you have more arid areas, if that's your thing.
Other than all of that, Hiking and Food are my favorite aspects.
Reach out on the Portland subreddit. id say yes but I've never been myself, just plan to eventually. My only warning is maybe wait for the current regime in the US to die.
Every time I’m in Seattle to visit family I make the drive to Portland with my wife to find a great dinner spot and see the filming of a public radio show. Yeah, I know that sounds weird but just go with it. Portland OR is great. Portland Maine has many of the same vibes, just much smaller and older
Im a Portlander. It is. Very quirky and fun, and heaven if you like outdoor activities. Our food is some of the best in the nation as well. Its definitely run down in some spots downtown, but overall you would enjoy your time here.
If you're white you can pretty much go anywhere in the US. The problem is the feds at the airport. If you're not white, you'll blend in most US cities. The problem would be in rural areas, and again, the feds at the airport
Depends on where you live. Not as bad as San Francisco, but damn if downtown Portland isn't trying to be. Traffic is also complete shit because of natural bottlenecks (building a major highway through a hill tunnel, bridges, etc.) Depending on where you live, it can take you an hour to get from the west side to the east side. It wasn't planned well for expanding population. Public transport is only good if you live downtown. Houses start at half a million in the entire surrounding area.
Back when I worked for Pizza Hut and when our store had a competent manager, we did roughly $4k a day in sales on average, so around $1.4mil a year. Our profit, though, was about $50k a year. Small town, but we stayed relatively busy.
Yeah you really need to own the property its on to make a real buck. And it needs to be the right location (top tip is to look at the city's planning maps for where they want to expand and make mixed zoning possible and where they'll put future mass transit etc).
Don’t know how it goes in Portland. But in Los Angeles a liquor license can cost 200-300 grand. Rent in a prime location can be anywhere from 10-100 grand a month depending on size. Plus Labor and operating costs. Restaurants are on really thin margins.
In my twenties I was the manager of a moderately busy Papa John's in Charleston South Carolina that did about 1.6 a year, and it was the busiest in a 32 Store franchise. That about sums up my entire insight into the situation, don't know if it really answers your question, seeing as that was nearly 30 years ago, but it's what I got, so it's what I'll share. Peace love and pepperoni, bitches.
I worked for a Papa John's for a while in my 20's. The store made about 1.4-1.5 mil a year, just outside of Ft Meade MD. Zero overtime allowed, high stress management where every pizza had to be exactly right, and Papa John is an absolute piece of shit douche. His go-to move was to show up, give away pizza "for free" for a whole night. And then count the loss against the sales numbers for the store. Like literally cost managers bonuses/incentives.
I did. He was a pretentious douchebag. His wife, on the other hand, got my store's AC fixed for me in an afternoon -after waiting three days for the franchise to get it done, so she's cool with me.
Most restaurants try to stay between 8-10% of gross for rent, 30% food/alcohol costs, 30% labor. If they're good and have a well priced menu they're looking at 20-30% profit. If anything is off though, 15-20% isn't uncommon especially after covid. If rent is too high, or they're pricing food without knowing the per item cost, profit drops substantially. Bars are a bit easier because most drinks are at approx 5x the bottle price, beer is a little more and wine is about 4x.
$1M in 8 months... That's a little over $4k / day. So in a 40 top place like this, that's probably an average of $60-80 per cover (some tables turn once, some not at all), which is pretty good. Google estimate covers at $20-30, which if true would have to mean turning tables 3 times over. Possible, but VERY busy.
Now, I have no idea what their expenses are like, but the place seems pretty small, so probably not outrageous.
could you if you sold your home? I don't have anything in savings, but I have equity in my home. ....wouldn't have the ovaries to risk it opening a bar, but still....
well, in the before times, when people actually got paid for their work, they would put money aside for bad times, so theoretically you would pay your bills and your mortage and like a private pension or some stuff and still have money left over at the end of the month and put that into a savings account, have like 20-30k in the back in case your house suddenly needs somerepairs or you need a new freezer or you total your car etc...every 3 years or so when it exceeds 35k or so you go on vacay..>
> and yeah with 20-30k in your own money plus a nice business founders/job creators subventions from the city plus a business founder loan from the bank you easily have twice the money you need, so you can actually go for a bit nicer location and a bit nicer equipment which automatically raises your chances of success...<<<
A lot of people have $100k+ in savings by their 40s. The economy sucks ass for the bottom 50% of earners but there's a very sharp increase beyond that, especially in expensive cities like Portland where likely about 1 in 6 people are millionaires.
People are clueless about how bad it is out there. The people who post anything about people having savings don't understand that a very minority of people. Most are not verbal about how bad itnis for them. So so.e people think it's better out there than this right now.
I got very lucky and was just recruited to another job that puts me in a well-paying role in my field. Even then, these jobs don't pay what they used to because the market is so flooded with candidates. I am still super grateful.
Well at 35 twice my salary was $0 so I was on target. Now it's increased exceptionally though and the idea of having a savings or retiring from working is a pipe dream.
Im assuming gross yearly income. And „by 35“ means I have to save roughly the completely affordable amount of $500 a day for the next nine months straight to reach this goal. Great advice.
Which is laughably absurd because to have 2x the salary of $100k at age 35, you could do it with:
- 5% salary contribution - 50% employer match (AKA an extra 2.5% salary contribution) - 5% annual return on investment
BUT you would need to start at age 18 WITH THE $100K SALARY!
Assuming an annual raise of 7.5% (lmao) to get from my starting wage at 18 to my current wage at 34 I would need to double the salary contribution and employer match to get 2x my salary at 35, and have started at 18
Almost certainly not the case. In MN my taxes and other deductions, not including existing 401k, is about 29%. So at 100k you would actually have a take home of 71k, less if you have a higher monthly insurance cost than me (mine about $300 per month).
To save 200k in 3 years, you would need to put away $66,666 annually, leaving you less than 5 grand to live on per year. Not including return on investment of course. In 4 years, you would live on 21k per year, aka 40 hours per week at $10/hr.
veronicafly001
https://media0.giphy.com/media/v1.Y2lkPTY1YjkxZmJlZmp1dTVwZG5hYWZ0Yzl2Y2lwa2dkZ200MWRmaHNkdWtib3hyaTk1ZiZlcD12MV9naWZzX3NlYXJjaCZjdD1n/QUGewnH6Cfqoeozv6q/200w.mp4
LexiconDul
May be an unpopular opinion, but I liked watching the LFL -- the players had no fear and played full speed, brutal hits, hardcore.
Colopty
Oh yeah I do tend to find women's sport way more impressive than the equivalent male division. They tend to go real high action while showcasing ridiculous skill and a whole lot of guts.
Meanwhile when you turn in on men's sport you just see them badly feign an injury by rolling around on the ground and crying in order to solicit sympathy from the referee. The replay shows an opponent passed within 10 meters of them and apparently the incident left them crippled and scarred for life.
kojenk
Women's rugby is on a whole other level. I've not seen this much blood spat out so often in all the boxing matches i've watched.
[deleted]
[deleted]
n0n53n53
yes, because most people with at least a grade 5 reading level are able to pick out context cues
Lugh314159
...and now they're trying to expand. https://www.opb.org/article/2025/06/03/portland-sports-bra-womens-basketball-expansion-boston-las-vegas-st-louis-indianapolis/
rumandbass
The next bar could be called push up bra
Kimsgrim
'Almost' in these articles mean $500,000.01
FrankRizzo55
Other sources stated $944K in revenue, not profit. Also said it turned a profit in it's first year. So like... made $1 in 12 months.
eiger3970
Hardcore pun
duhitspollo
Seems to be doing really well. Theres plans for a couple franchieses opening up soon.
Neurisko
Net or profit? Big difference.
k4y8hh2q282
Not convinced.
CobainsSarcoma
do you want a million dollars?
get two million dollars and open a bar.
hfctom
There's one that just opened here in Cleveland. I've been wanting to go -because they also offer an allergy friendly bar foods menu- https://www.thewsportsbarcleveland.com/
MoonBoots92
Also available in Minnesota
A Bar of Their Own https://share.google/pC20f85wE8qTwM3X0
Putitinyomama
MeisterKleister
Hukkie
Would be interesting to know what the ratio is for male/female customers, given that men watch more womens sports than women do. Exactly how much more varies between different sports but men are the majority in as near as all womens sports audiences.
GravyEducation
The other day I learned there's only 13 teams in the WNBA and as far as titles and championships go the MN Lynx are the best team this state has to offer. Wild never got a cup. Twins won twice though. Vikings don't even start on that one.
TattoosAndTENS
Thank God there’s more sports than Basketball
Plus College Sports
calenti
Timberwolves used to advertise the opposing players - "come see Michael Jordan phi-slamma-jamma on the Wolves at Target Center!"
GravyEducation
Like who did we even have, Kevin Garnett is literally the only name I know and I grew up here.
calenti
Christian Laettner and Kevin Garnett were the brightest stars in the Wolves sky for a long time.
kinmay
What about Minnesota Frost. Womens pro team that won 2024 and 2025 championships
GravyEducation
I was not aware of that, have a shoresy gif in apology https://imgur.com/EhhsL1O.mp4
Kittennz
What about the Looney Tunes?
GravyEducation
The Tune Squad isn't in the WNBA last I checked
Kittennz
Oh you were just listing MN teams. Didn't see any comments on the Loons.
GravyEducation
If this was all a set up for a loon joke then sorry, lol. I've got brain fog right now I'm literally gonna test myself for covid today. I am not a big sports guy and I don't follow our soccer stuff that much.
WeeWolfieJourneys
The way I would go anywhere that exclusively catered for woman specific things, whether thats sports or not. Take all my moneeeeeeeeeeeeee
Oatmealman1
Don't care for sports or bars but that's pretty fuckin sweet, and the name is perfect🤣
pinkmansaidthebest
Yeah, Brah!
thatsbadmmkay
Hate to be that guy but thats super typical for a bar in a major city. I would've guessed Seattle, but it's in Portland. Still a cool theme.
veesee
So clever.
kojenk
yeah it was actually, they're even expanding.
veesee
I feel like you think im being ass when im actually just saying its clever. I'd love to see one in my city tbh
kojenk
Ah its hard to tell tone at times especially with the whole list of other appearing and disappearing comments being snide. Consider me reposting the same words but in a sincerely agreeable tone.
Bladedrummer
Let's see how long it lasts. Having a successful bar for a year or two is not hard. People love to try new spots. It's getting a constant stream of customers over the years that is hard.
kojenk
This was from 2022, heard they're expanding now.
EngorgedPhallus
If anyone was unsure, yes, it's in Portland Oregon.
junkgoof
Weirdly, at least according to the New Yorker article, there was a shortage of lesbian hangouts in Portland. The women’s sports aspect worked out, but there was a market niche that was very under served.
amatte
https://media4.giphy.com/media/v1.Y2lkPWE1NzM3M2U1Y3pqODc0b2l1MGo1YnE3Y3VtcHp0NGFjdHYzMGljcnhrbDgxYnBvZyZlcD12MV9naWZzX3NlYXJjaCZjdD1n/AaQYP9zh24UFi/200w.webp
5m4llP0X
As a Portlander, I am not surprised. Sharing this with friends.
KevinStrexcorp
I hadn't stopped to wonder, but I had also assumed this to be true. Weird place, but probably one of the only places in the US I'd ever consider living (if I ever decide I hated healthcare and social security, and thus was willing to move to the US)
nipplepanties
Location will make or break a business so that makes sense to open there.
atoyot
Yeah that tracks.
hi5ingmf
There is one in Long Beach, one in Seattle, there are a bunch of Woman sports bare popping up, and its a good trend.
n0n53n53
Portland is such a great place for women's sports. Best supporters in women's soccer, and new ownership of the Thorns FC (bought after the old owner was caught covering up misconduct from multiple employees), are bringing a WNBA team to the city.
RobotDeathSquad24
There's also one in Seattle https://www.roughandtumblepub.com/
redbear1999
Must now visit
FelonyRaptor
Would've been my second guess after California.
ClasKittenVillain
My friend does not get the Portland, Oregon -connection. Hah!
chormin
I figured it was 50/50 with Northampton, MA.
TickTockDeadMan
Ah yes, the list of bars I must visit if I ever go see my friend on the west coast continues to grow.
Shpielers
This is awesome timing. One of my coworkers is wearing a shirt from there today (yeah, Portland area)
blubberingbastard
My friend feels like there is a connection here but doest get it. Guessing Portland is more progressive than most places and was an obvious choice?
EngorgedPhallus
Yeah, it's also become something of a haven for LGBtQ+. Great communities and support there.
blubberingbastard
Awesome
NefariousGoop
As a non American I learned that from some ghoulish comments I saw online. Good guy Portland.
TheMiamiVicePresident
Correct, famous for being weird and very progressive
blubberingbastard
Thanks!
Talligan
Portland thorns are an ace team out there too
blubberingbastard
Ya I've seen them giving hell during protests
ValleyFur
Shooooooot don’t forget the World Champion Rose City Rollers!
VitaminJay
Incredibly progressive. It's why I love it here.
SkittlesPower
https://media0.giphy.com/media/v1.Y2lkPTY1YjkxZmJlcTlpb2IwYmcwaTF6cTh5cmE4azYzMGp0bTVicXA0dzhhdnZ4Nmg1MyZlcD12MV9naWZzX3NlYXJjaCZjdD1n/l4EpjP52rWGrqPjzi/giphy.mp4
newsguycraigevans
The dream of the 90s is alive in Portland!
aerodynamit3
https://www.npr.org/sections/thetwo-way/2016/09/30/496072761/feminist-bookstore-slams-portlandia-and-says-show-can-no-longer-film-there
ThaneofGlamis
Yikes. Well they sound unbearable
aShogunNamedMarcus
"On TV, the bookstore is portrayed as a home for strident advocacy and outrage"
ah, so exactly like the "Off TV" version of the bookstore it would seem
kentacohut
Both times I tried to go there they were closed
LegosBearsAndSex
I'm German. Is Portland, Oregon as cool and hippie and foreigner friendly as it seems? Aka, should I visit? Dankeschön
Merdock
Portlander here, and I can attest that Portland is amazing. It has problems like everywhere, but I have to travel around the United States for my work and the Pacific Northwest (Oregon & Washington) is my favorite place. The major cities are fairly progressive and they sit in-between mountains and beaches and are surrounded by all sides by forests. Go past the mountains and you have more arid areas, if that's your thing.
Other than all of that, Hiking and Food are my favorite aspects.
Ristari
Reach out on the Portland subreddit. id say yes but I've never been myself, just plan to eventually. My only warning is maybe wait for the current regime in the US to die.
DontGetitTwisted1
Also yes, we love foreigners! You would be very welcomed.
nero4ty2
Every time I’m in Seattle to visit family I make the drive to Portland with my wife to find a great dinner spot and see the filming of a public radio show. Yeah, I know that sounds weird but just go with it. Portland OR is great. Portland Maine has many of the same vibes, just much smaller and older
DontGetitTwisted1
Im a Portlander. It is. Very quirky and fun, and heaven if you like outdoor activities. Our food is some of the best in the nation as well. Its definitely run down in some spots downtown, but overall you would enjoy your time here.
stevelepastis
Jawohl
CoffeeMakesMeTwitchy
If you're white you can pretty much go anywhere in the US. The problem is the feds at the airport. If you're not white, you'll blend in most US cities. The problem would be in rural areas, and again, the feds at the airport
ToSisPoS
The dream of the 90s is alive in Portland
IfILikeYourJokeITellYou
There's one in Chicago and one coming to Detroit too
SquashDemon
I think I might want to move there, talk me out of it.
TheRealScotchie
It's very expensive to live there.
2graves
Way cheaper than my town
SquashDemon
How expensive are we talking? It might be cheaper than here.
hoorayespy
Depends on where you live. Not as bad as San Francisco, but damn if downtown Portland isn't trying to be. Traffic is also complete shit because of natural bottlenecks (building a major highway through a hill tunnel, bridges, etc.) Depending on where you live, it can take you an hour to get from the west side to the east side. It wasn't planned well for expanding population. Public transport is only good if you live downtown. Houses start at half a million in the entire surrounding area.
SquashDemon
... Yeah that is cheaper.
buddhafinger
Portland is becoming a mecca for women's sports so right place right time, that helps a lot. Love my city.
eetsumkaus
how common is $1 million in revenue (?) for a food establishment? Moreover, is it realistic? These guys are barely breaking even.
Eldibs
Back when I worked for Pizza Hut and when our store had a competent manager, we did roughly $4k a day in sales on average, so around $1.4mil a year. Our profit, though, was about $50k a year. Small town, but we stayed relatively busy.
kachoooxix1
The best way to make $1 million dollars in the restaurant business is to start with $2 million dollars
theadmailgoeshere
hehe absolutely right
ronnyhugo
Yeah you really need to own the property its on to make a real buck. And it needs to be the right location (top tip is to look at the city's planning maps for where they want to expand and make mixed zoning possible and where they'll put future mass transit etc).
unluckyandbored
If they're making that kind of money, the place is probably packed almost nonstop.
Putitinyomama
Doable, but busy af. Like around 150 people a night
ImJustFuckingHere
Don’t know how it goes in Portland. But in Los Angeles a liquor license can cost 200-300 grand. Rent in a prime location can be anywhere from 10-100 grand a month depending on size. Plus Labor and operating costs. Restaurants are on really thin margins.
BriefcaseTacos
In my twenties I was the manager of a moderately busy Papa John's in Charleston South Carolina that did about 1.6 a year, and it was the busiest in a 32 Store franchise. That about sums up my entire insight into the situation, don't know if it really answers your question, seeing as that was nearly 30 years ago, but it's what I got, so it's what I'll share. Peace love and pepperoni, bitches.
loma45
Limited data is better than no data. Thank you for your contribution!
Peace, love, and pepperoni to you too.
NightfallEverdark
I worked for a Papa John's for a while in my 20's. The store made about 1.4-1.5 mil a year, just outside of Ft Meade MD. Zero overtime allowed, high stress management where every pizza had to be exactly right, and Papa John is an absolute piece of shit douche. His go-to move was to show up, give away pizza "for free" for a whole night. And then count the loss against the sales numbers for the store. Like literally cost managers bonuses/incentives.
Arbitrarynamehere
Did you get to meet Papa John
Putitinyomama
You don’t meet him, he meets you
rusrsdude
Oh ew
Lun4ticH1gh
*meats
BriefcaseTacos
I did. He was a pretentious douchebag. His wife, on the other hand, got my store's AC fixed for me in an afternoon -after waiting three days for the franchise to get it done, so she's cool with me.
ADDGirl
Literally.
theadmailgoeshere
Most restaurants try to stay between 8-10% of gross for rent, 30% food/alcohol costs, 30% labor. If they're good and have a well priced menu they're looking at 20-30% profit. If anything is off though, 15-20% isn't uncommon especially after covid. If rent is too high, or they're pricing food without knowing the per item cost, profit drops substantially. Bars are a bit easier because most drinks are at approx 5x the bottle price, beer is a little more and wine is about 4x.
Lugh314159
$1M in 8 months... That's a little over $4k / day. So in a 40 top place like this, that's probably an average of $60-80 per cover (some tables turn once, some not at all), which is pretty good. Google estimate covers at $20-30, which if true would have to mean turning tables 3 times over. Possible, but VERY busy.
Now, I have no idea what their expenses are like, but the place seems pretty small, so probably not outrageous.
danimals847
Yeah I'm sure a small bar space in Portland is reasonably priced
seenunseen
How much was her life savings at 43? I'm 45 and i can't open a bar.
pattalam
Even if you can, do not open a bar or a restaurant. There are many other profitable boring businesses. Once you make money, you can start a bar.
Lugh314159
could you if you sold your home? I don't have anything in savings, but I have equity in my home. ....wouldn't have the ovaries to risk it opening a bar, but still....
maday1br
I'm 41 and I can't open a lemonade stand.
TheDaharMaster
I’m 55 and I can’t even pay attention
Magus25
I'm 40 and I can't afford to go to a bar anymore let alone buy one.
tReasonoustRump
I can’t afford tap water at a bar.
RecurringNightmare
well, in the before times, when people actually got paid for their work, they would put money aside for bad times, so theoretically you would pay your bills and your mortage and like a private pension or some stuff and still have money left over at the end of the month and put that into a savings account, have like 20-30k in the back in case your house suddenly needs somerepairs or you need a new freezer or you total your car etc...every 3 years or so when it exceeds 35k or so you go on vacay..>
RecurringNightmare
> and yeah with 20-30k in your own money plus a nice business founders/job creators subventions from the city plus a business founder loan from the bank you easily have twice the money you need, so you can actually go for a bit nicer location and a bit nicer equipment which automatically raises your chances of success...<<<
YaHeardTurdFerguson
It was more than yours lol
BrickSprickly
You werent born wealthy sorry
bearstrap
It's a bar in NE Portland so.... like ten bucks? Bars in good ol' PDX are like bottle rockets. It's fun watching them fizzle and pop
sugarsharkshack
Luckily, they're still going and opening franchises around the country
bearstrap
Which is pretty cool. It's a GREAT theme for a bar.
sugarsharkshack
Agreed!
OaksParcel
A lot of people have $100k+ in savings by their 40s. The economy sucks ass for the bottom 50% of earners but there's a very sharp increase beyond that, especially in expensive cities like Portland where likely about 1 in 6 people are millionaires.
Cutwail
If i wasn't a total regard and didn't bought a house, i would probably be around the 70~80k at 34.
BrickSprickly
'A lot' lol
tellm1by
Being a millionaire is not what it used to be 100 years ago when we started using the word.
Rhythmaster
It's not enough to buy a house in my city... the average house price is 1.2 million.
Sensiblyinteresting
With about 77% of Americans living paycheck to paycheck I'm not sure "A lot" has the same meaning
ImAGrower
People are clueless about how bad it is out there. The people who post anything about people having savings don't understand that a very minority of people. Most are not verbal about how bad itnis for them. So so.e people think it's better out there than this right now.
Rhinta
Like, in a savings account or my 401K. I'm good on one of those but the other...
ManholeStellarReconveneSubstanceOlympicsReunion
[citation needed]
2graves
I was geared up for that. Over a year of unemployment has me about to dip into my retirement.
OmNachoMama
Two years of underemployment (having to take a job making 1/3 of what I used to) had me doing into the retirement fund.
2graves
Yeah I do some work still, but not enough to survive
OmNachoMama
I wish you luck in landing a role that will help get you back on your feet.
2graves
I hope you've found something better? It's not a great time to be looking
OmNachoMama
I got very lucky and was just recruited to another job that puts me in a well-paying role in my field. Even then, these jobs don't pay what they used to because the market is so flooded with candidates. I am still super grateful.
WrongUn
In 41 and getting my gazebo street food business going crippled me. Honestly amazing how expensive it is to just sell pulled pork....
Cutwail
I'm 34, i own a house, a new car, i've 18k on my bank account, 2800euro/month salary.
Cosmicfisherman
Don't hold yourself to other people standards because they're always raising the bar.
NickRivieraMD
A fortune in uneaten avocado toast
stouffer
BipolarPenguin3
Does that include like…401k and house equity or just my pockets?
BarryTheCyborg
From what I remember in my personal finance seminar, it's retirement savings
BHPaperstacks
My retirement plan is a bullet to my brain.
BipolarPenguin3
No! Make yourself society’s problem! An expensive one
TheRoyalDong
chr155ter
Im almost 35. Most people I know my age are lucky to have a bi-weekly paycheck saved.
newsguycraigevans
Moths? In this economy!?
tReasonoustRump
TWO Moths!!?
HighSorcerer
Well at 35 twice my salary was $0 so I was on target. Now it's increased exceptionally though and the idea of having a savings or retiring from working is a pipe dream.
Fn0rd
I love this „x times your salary“ okay. Net? Gross? Weekly? Monthly? Yearly? WHAT KIND???
Fn0rd
Im assuming gross yearly income. And „by 35“ means I have to save roughly the completely affordable amount of $500 a day for the next nine months straight to reach this goal. Great advice.
Badprenup
Which is laughably absurd because to have 2x the salary of $100k at age 35, you could do it with:
- 5% salary contribution
- 50% employer match (AKA an extra 2.5% salary contribution)
- 5% annual return on investment
BUT you would need to start at age 18 WITH THE $100K SALARY!
Assuming an annual raise of 7.5% (lmao) to get from my starting wage at 18 to my current wage at 34 I would need to double the salary contribution and employer match to get 2x my salary at 35, and have started at 18
chr155ter
Ok if i made 100k a year I think I could easily save 200k in 3 years. Maybe 4 if im grossly underestimating how much tax I would owe on 100k.
Badprenup
Almost certainly not the case. In MN my taxes and other deductions, not including existing 401k, is about 29%. So at 100k you would actually have a take home of 71k, less if you have a higher monthly insurance cost than me (mine about $300 per month).
To save 200k in 3 years, you would need to put away $66,666 annually, leaving you less than 5 grand to live on per year. Not including return on investment of course. In 4 years, you would live on 21k per year, aka 40 hours per week at $10/hr.
chr155ter
Ok so four years living on what i live on now, easy. Although cant I put away that 66k pre-tax?
Astramancer
DJWienerSoup
....why is it Jon Arbuckle???