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In my late 20s single make about 40k. Im ok now but max salary ill prolly make 60-80k max in my career it feels insecure. (IT Field). But I'll never be satisified unless I am a millionaire. But in reality i'll make 70k/year all life.
What salary range will u be satisfied and be secure?
In my late 20s single make about 40k. Im ok now but max salary ill prolly make 60-80k max in my career it feels insecure. (IT Field). But I'll never be satisified unless I am a millionaire. But in reality i'll make 70k/year all life.
What salary range will u be satisfied and be secure?
For the most part, security is much less about how much money you make and much more about having a skill that is valuable and that people will pay you a decent wage for. If you have that, you'll always feel secure.
I don't know why you think you will max out at 70k for life.
What salary range will u be satisfied and be secure?
"Satisfied" - IMHO - does not have a dollar amount.
Some people never have enough money or things in their life.
I have "enough" and that is perfect for me.
Secure is more complicated. I feel secure, and I feel (again, my personal opinion!) my security incorporates spiritual, relational, and emotional sides to it, as well as financial.
I'm 30. I recently turned down a $75k/yr job with a telecom company and accepted a job in health care. I've worked in telecom before and vowed not to work in that industry again because of how volatile it is. TelCos are constantly gobbling each other up, and as a result, there is constant job instability. I just bought a condo last year. I'm not about to put that all on the line for a company that has terrible employee reviews and a shrinking market share. So I accepted the job that paid ~$9k less.
Additionally, the health care provider had significantly better benefits. In the end, I believe I made out better when looking at total compensation package and not just salary alone.
Putting away 20% of his 40k income over the next 30 years would get to $1 million.
But in 30 years that million will be like $100,000.
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