> Assuming $500k in a big coastal city: $285k after taxes
In Californian coastal city, that is, or in NYC. It’s $305k in New Jersey, and $335k in Washington. And that is if you’re single. If you’re married, with $500k you’re looking at $325k after tax in California/NYC, $338k in NJ, and $366k in WA.
Over $200k per year in take home pay after most expenses.
Rough numbers, my monthly salary is ~$10k/mo (after tax) and I vest ~$50k in stock every 3 months (also after tax)