That's wrong. You need to divide by 2. $75k -> 35/hour....
geir On Nov 8, 2010, at 2:48 PM, Rich Bowen wrote: > Thank you. This is very helpful. I didn't know that there was a clear rule of > thumb like this. > > On Nov 8, 2010, at 2:24 PM, Mike Kienenberger wrote: > >> And since most people work 40 hours a week (approximately 2000 hours a >> year), another more generalized way to state the rule of thumb is take >> your preferred annual salary and divide by 1000. >> >> Ie, $75,000 becomes $75 an hour. In the US, keep in mind that taxes >> on income after business expenses will be no less than 15.3% (self >> employment tax) and most likely 30% or higher (se tax plus income and >> other taxes), so a lot of this money disappears quickly :) >> >> >> On Mon, Nov 8, 2010 at 2:05 PM, J Aaron Farr <fa...@apache.org> wrote: >>> Rough rule of thumb is to take your salary (or preferred salary), >>> convert it to an hourly rate, then double it. >>> >>> -- >>> J. Aaron Farr >>> 馮傑仁 >>> www.cubiclemuses.com >>> >>> --------------------------------------------------------------------- >>> To unsubscribe, e-mail: community-unsubscr...@apache.org >>> For additional commands, e-mail: community-h...@apache.org >>> >>> >> >> --------------------------------------------------------------------- >> To unsubscribe, e-mail: community-unsubscr...@apache.org >> For additional commands, e-mail: community-h...@apache.org >> > > -- > Rich Bowen > rbo...@rcbowen.com > > > --------------------------------------------------------------------- > To unsubscribe, e-mail: community-unsubscr...@apache.org > For additional commands, e-mail: community-h...@apache.org > --------------------------------------------------------------------- To unsubscribe, e-mail: community-unsubscr...@apache.org For additional commands, e-mail: community-h...@apache.org
