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A comment on Ask HN: just sold software app for $60k, now what?.

Re:Ask HN: just sold software app for $60k, now what? by petervandijck on Wednesday September 08, 2010 @03:51PM (#1673210)
- 1/3 put away for likely taxes (20K).

- 1/3 save for pension (20K).

- 1/6 for investing in tools/projects (10K).

- 1/6: spend on an experience you enjoy now (10K, so a trip, something crazy luxurious, whatever). And invite someone to experience it with you.

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Re:Ask HN: just sold software app for $60k, now what? by temp011235 on Wednesday September 08, 2010 @03:54PM (#1673226)
Excellent, thank you! I'm researching into if those taxes need to be paid now (quarterly) or if I can wait until regular tax day next year. Either way, putting 1/3 aside and knowing not to touch it is important, b/c it will be going to DC either way.
[ Parent | on HN ]