Let me tell you how it will be: there's one for you, nineteen for me
August 19, 2013 1:32 PM Subscribe
SO has job offer 1800 miles away in beautiful California. Yesterday we were told by friends to expect over 50% of his salary to be taxed, leaving us with net income not far from what we make now in landlocked midwestern state. Should we be concerned about being destitute if we take this job and make the move to Ventura County?
posted by anonymous to work & money (27 answers total) 5 users marked this as a favorite
We both grew up on the east coast, where costs were high, but life was life and it was all we knew and we were content. I've been in the midwest for sixteen years, SO for ten years. The opportunity to work for a competitor was unexpected and, at the time, seemed extremely beneficial for us.
SO's salary will be north of 140K. My salary will be north of 50K. Our taxable income will have deductions for 401k and health insurance, and maybe additional withholding, cause we're unsure of what in the sam-hell is going on here. We have a house in midwest to sell, one car loan, and no other carried debt.
We didn't believe we're walking into this blindly. We were so excited about a 30K+ increase in his salary and a move back to the coast, but after yesterday, it now seems like we will be increasing our work-hours and won't see a penny of it. We live very comfortably here and have planned (mentally) for the changes in cost of living. Now I feel like we're psyching ourselves out a bit that we'll live hand to mouth after the move. We'd appreciate the wisdom of the community to tell us that "sure, it's expensive as shit out here, but it's only for gas and housing. i've made the move from another state and it's so worth it" or "no, break your verbal commitment right now and stay put" or "well, you do lose 50% of your check to taxes, but it's really okay because you're going to make a combined 190K and you're grown ups so learn how to budget."