Anonymous wrote:Anonymous wrote:where do you live? For example, in Virginia, the max increment al is 5.75% add that to the max federal incremental of 37% and you get 42.75% and that is the max, actual would be lower. Where do you live where the actual income tax is 50%?Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m am so lol, but that is such a true description of the parade of horribles in economy. And the reason why I sometimes will pay for first or business even though my income and net worth are less than those above. And why it’s completely silly to have an income of seven figures and be flying overseas in economy.
Agreed- the alleged coach/economy plus- flying 1.1 million HHI poster above is either a troll or a fool
We had income of $850K and NW of $12M+ and typically flew economy plus and hoped for upgrades. 50% of that goes to taxes (it's W2 income, not much other choice). Asia trips are always business, but Europe is a 6-8 hour flight and not worth extra $4-5K for each of us. If we could get it for $1K we paid for upgrade.
Now that we are similar income and NW over $30M, we pay for business for us. The kids (teens and college) go in economy plus or premium select. Sure we could pay for them to be in business, but I was over 45 before we started doing that. I was 30 before I went to Europe---they will be find in EP/PS and enjoy their multiple trips to Europe before they are 20.
Agreed no where in the US are you paying 50% of your W2 income to taxes. It is higher than the highest bracket.
Anonymous wrote:where do you live? For example, in Virginia, the max increment al is 5.75% add that to the max federal incremental of 37% and you get 42.75% and that is the max, actual would be lower. Where do you live where the actual income tax is 50%?Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m am so lol, but that is such a true description of the parade of horribles in economy. And the reason why I sometimes will pay for first or business even though my income and net worth are less than those above. And why it’s completely silly to have an income of seven figures and be flying overseas in economy.
Agreed- the alleged coach/economy plus- flying 1.1 million HHI poster above is either a troll or a fool
We had income of $850K and NW of $12M+ and typically flew economy plus and hoped for upgrades. 50% of that goes to taxes (it's W2 income, not much other choice). Asia trips are always business, but Europe is a 6-8 hour flight and not worth extra $4-5K for each of us. If we could get it for $1K we paid for upgrade.
Now that we are similar income and NW over $30M, we pay for business for us. The kids (teens and college) go in economy plus or premium select. Sure we could pay for them to be in business, but I was over 45 before we started doing that. I was 30 before I went to Europe---they will be find in EP/PS and enjoy their multiple trips to Europe before they are 20.
where do you live? For example, in Virginia, the max increment al is 5.75% add that to the max federal incremental of 37% and you get 42.75% and that is the max, actual would be lower. Where do you live where the actual income tax is 50%?Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m am so lol, but that is such a true description of the parade of horribles in economy. And the reason why I sometimes will pay for first or business even though my income and net worth are less than those above. And why it’s completely silly to have an income of seven figures and be flying overseas in economy.
Agreed- the alleged coach/economy plus- flying 1.1 million HHI poster above is either a troll or a fool
We had income of $850K and NW of $12M+ and typically flew economy plus and hoped for upgrades. 50% of that goes to taxes (it's W2 income, not much other choice). Asia trips are always business, but Europe is a 6-8 hour flight and not worth extra $4-5K for each of us. If we could get it for $1K we paid for upgrade.
Now that we are similar income and NW over $30M, we pay for business for us. The kids (teens and college) go in economy plus or premium select. Sure we could pay for them to be in business, but I was over 45 before we started doing that. I was 30 before I went to Europe---they will be find in EP/PS and enjoy their multiple trips to Europe before they are 20.
Anonymous wrote:Net worth $20M, and recently started flying only Business/First. It's not a good value by any means, but is the only way short of flying privately to reduce the stress and aggravation of air travel, which otherwise is a seemingly never-ending race to the bottom by the airlines in terms of comfort and convenience. We only fly a few times a year, so accept the admittedly ridiculous cost.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Assuming that you don’t track airline miles at what income level would you start regularly flying first/ business class for just regular vacation.
Assume 2 adults and 3 kids.
Is your number based on actual experience having reached it or is it a hypothetical question only for you at this point?
Our HHI is $575K and NW is $7.5M. We never fly coach. Not ever. If a particular flight doesn’t have business class or first class (usually small regional flights), we won’t even take it. I’d rather fly at a different time of day or to a nearby city. Our family of five flies about 6 times per year. Half domestic, half international. DH flies for business 1-2 times per month in addition to our personal travel. Always business or first.
Dealing with all the clueless and unprepared people that don’t regularly travel, the overcrowded club lounges, the chaotic boarding processes, the fake service animals, the lying and self-proclaimed disabled and military travelers pushing to the front of the line, the 3+ year-old lap children, the mediocre service, the bulkhead diaper changing, the garbage on-board food, etc…. It’s all too much. The only stress reliever is knowing that at least on-board we’ll have a reasonably elevated and comfortable experience. Couldn’t handle it otherwise.
We have a dedicated divided ETF that generates about $6K per month after taxes to help offset cost differences between coach and first.
Do you mind sharing what ETF you’re referring to?
Anonymous wrote:Anonymous wrote:I’m am so lol, but that is such a true description of the parade of horribles in economy. And the reason why I sometimes will pay for first or business even though my income and net worth are less than those above. And why it’s completely silly to have an income of seven figures and be flying overseas in economy.
Agreed- the alleged coach/economy plus- flying 1.1 million HHI poster above is either a troll or a fool
Anonymous wrote:Summertime biz class tickets to Europe are 10k+ this year. I’m not even using my work budget for that.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Assuming that you don’t track airline miles at what income level would you start regularly flying first/ business class for just regular vacation.
Assume 2 adults and 3 kids.
Is your number based on actual experience having reached it or is it a hypothetical question only for you at this point?
Our HHI is $575K and NW is $7.5M. We never fly coach. Not ever. If a particular flight doesn’t have business class or first class (usually small regional flights), we won’t even take it. I’d rather fly at a different time of day or to a nearby city. Our family of five flies about 6 times per year. Half domestic, half international. DH flies for business 1-2 times per month in addition to our personal travel. Always business or first.
Dealing with all the clueless and unprepared people that don’t regularly travel, the overcrowded club lounges, the chaotic boarding processes, the fake service animals, the lying and self-proclaimed disabled and military travelers pushing to the front of the line, the 3+ year-old lap children, the mediocre service, the bulkhead diaper changing, the garbage on-board food, etc…. It’s all too much. The only stress reliever is knowing that at least on-board we’ll have a reasonably elevated and comfortable experience. Couldn’t handle it otherwise.
We have a dedicated divided ETF that generates about $6K per month after taxes to help offset cost differences between coach and first.
lol such a waste of money
My HHI is in the $100 M range we don’t do this
We travel way more than you
Have access to a private jet and still think your post is cringy
But hey free country
okAnonymous wrote:Anonymous wrote:Anonymous wrote:Assuming that you don’t track airline miles at what income level would you start regularly flying first/ business class for just regular vacation.
Assume 2 adults and 3 kids.
Is your number based on actual experience having reached it or is it a hypothetical question only for you at this point?
Our HHI is $575K and NW is $7.5M. We never fly coach. Not ever. If a particular flight doesn’t have business class or first class (usually small regional flights), we won’t even take it. I’d rather fly at a different time of day or to a nearby city. Our family of five flies about 6 times per year. Half domestic, half international. DH flies for business 1-2 times per month in addition to our personal travel. Always business or first.
Dealing with all the clueless and unprepared people that don’t regularly travel, the overcrowded club lounges, the chaotic boarding processes, the fake service animals, the lying and self-proclaimed disabled and military travelers pushing to the front of the line, the 3+ year-old lap children, the mediocre service, the bulkhead diaper changing, the garbage on-board food, etc…. It’s all too much. The only stress reliever is knowing that at least on-board we’ll have a reasonably elevated and comfortable experience. Couldn’t handle it otherwise.
We have a dedicated divided ETF that generates about $6K per month after taxes to help offset cost differences between coach and first.
lol such a waste of money
My HHI is in the $100 M range we don’t do this
We travel way more than you
Have access to a private jet and still think your post is cringy
But hey free country
This. We know we have saved more than enough and now we can spend frivolously and for comfort.Anonymous wrote:Once we were 60 we started flying first /business to get planes with lie flat seats. Even on 5 hour trips, makes a huge difference getting legs up level.
Anonymous wrote:Anonymous wrote:Assuming that you don’t track airline miles at what income level would you start regularly flying first/ business class for just regular vacation.
Assume 2 adults and 3 kids.
Is your number based on actual experience having reached it or is it a hypothetical question only for you at this point?
Our HHI is $575K and NW is $7.5M. We never fly coach. Not ever. If a particular flight doesn’t have business class or first class (usually small regional flights), we won’t even take it. I’d rather fly at a different time of day or to a nearby city. Our family of five flies about 6 times per year. Half domestic, half international. DH flies for business 1-2 times per month in addition to our personal travel. Always business or first.
Dealing with all the clueless and unprepared people that don’t regularly travel, the overcrowded club lounges, the chaotic boarding processes, the fake service animals, the lying and self-proclaimed disabled and military travelers pushing to the front of the line, the 3+ year-old lap children, the mediocre service, the bulkhead diaper changing, the garbage on-board food, etc…. It’s all too much. The only stress reliever is knowing that at least on-board we’ll have a reasonably elevated and comfortable experience. Couldn’t handle it otherwise.
We have a dedicated divided ETF that generates about $6K per month after taxes to help offset cost differences between coach and first.