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Search resuls for: "Susannah Snider"


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Overall, Americans need an average post-tax income of $68,499 to live comfortably in the U.S., according to recent data from SmartAsset. SmartAsset's study analyzed the after-tax income needed to live in the nation's 25 largest metro areas comfortably. The post-tax salary needed in these 25 areas increased by around 20% throughout 2022, while inflation grew about 8%. "Inflation is taking a bigger bite out of their paychecks and the cost of living is rising. What does it take in these cities to really feel not just like you're surviving financially, but like you're comfortable?
SmartAsset's report ranked 100 of America's largest cities across eight metrics including the percentage of the workforce that works from home, median monthly housing costs, unemployment rate, income tax rate, coffee shop density and bar density to determine the best city for remote work. Austin, Texas snagged the number one spot, with Scottsdale, Arizona and Pittsburgh, Pennsylvania trailing closely behind. "The five-year change in the percentage of people working from home was 30.6%, which was the seventh-highest percentage in our study." "With more affordable housing costs, workers may be able to buy or rent a larger home that can accommodate an office." Similar to Scottsdale, professionals earning $75,000 will be taxed by the federal and state governments at 22.90%.
I want to make sure I have passive income coming in if a recession hits, so I asked experts. Financial planners recommend investing in self-storage and other real estate, including REITs. Over the years, I've made passive income by selling online courses and ebooks, and doing affiliate advertising on content I create for my own website or social media channels. That's why I asked financial experts to share some recession-proof passive income streams that might be worth considering. "The passive income derived from term rents and leases is recession-proof and has a low correlation to market volatility," says Nicola.
Persons: I'm, I've, Susannah Snider, it's, Snider, George Nicola, Nicola, Tammy Trenta, Marli Erickson, Erickson, Joseph Hogue, Hogue, Barnes, Noble Organizations: Financial, Service, Invest, Amazon Direct Publishing, Barnes, Noble Press, Apple Locations: Wall, Silicon
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