Quote:
Originally Posted by Ssjdawg
That’s what’s happening to some of y’alls ATF’s...they’re sugar babies now making no less than 10 G’s a month.
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No, they're not, at least most of them, and not on a long term basis. Just look at the math:
At $4K/m, ~$50K/yr AFTER tax. At those tax rates, that's about $90K/yr taxable and EXPENDABLE income. That's after he has spent on his home life (or alimony). That probably means $300-400K/yr. Not many guys in THAT pool. At 10K/m its probably $400-500K/yr minimum. At $17K/m its probably $600+K/yr. Even fewer guys in THOSE pools. Of course there are those that inherited money, but again very few at those rates. Retirees, possibly, but that's a pretty big retirement fund with current interest rates.
Are there a few? Sure. And the numbers get exponentially smaller as you go up. The few that you hear about are the vocal tiny minority, and probably quite a few myths in there, too.
I've had 5 over the years that I got to know well enough to trust what they told me (yes, I know!). Of those 4 out of 5 would have been SD-exclusive (meaning they may have a RW bf/SO) for a lot less, probably $1000-1500/m. ALL the SBs I saw had RW jobs, and just wanted a bit of fun (and funds) on the side. And I believe that's the norm for most SBs.
Sure, they/we all WANT that kind of big, exclusive arrangement, but I think you'd find that's an incredibly tiny percentage, even of those that could get an exclusive arrangement.