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Those are three higher income jobs. You wouldn't want to make less than $100k in those fields.
This would be my impressions too. Software can be crazy... staring at a monitor for extended amounts of time, attempting to make heads and tails of really poorly written code (which at times, is just easier to rewrite completely from scratch).
Pharmacy school is tough, and the acceptance rates like with certain medical fields isn't high. Or at least the good ones I'd presume. All I can recall is this involves organic chemistry, which I've heard from more than one student.... sucks.
Some finance jobs have folks work crazy 60 to 80 hour weeks. You have no social life, and it can take a toll on you. Older folk can handle it, and they wouldn't want to anyways with a family at home. Those who do such jobs are single without kids, and put up with it for a few years to get a jump start on their savings.
Quote:
Originally Posted by Poor Chemist
I agree. In Silicon Valley, California area and New York City you will see some early 20s people making that but that salary is like $50-60k in normal cost of living areas.
All of the people I went to high school with are making in the $50-70k range except one guy who is 25 years old and is a pharmacist. He makes $120k. OP, should of went to pharmacy school if you wanted 6 figures in your early 20s. I regret not going to pharmacy school myself when I found out how the job market is for chemists now.
Yeah, one C-D poster said a general rule of thumb is whatever you make in NYC is like having $30K less in your typical part of the US.
In places like DC, San Francisco and NYC it's common. Not really sure about Atlanta especially considering how cheap the CoL is but it's a major market so I'm sure there are recently graduated professionals make good money.
they are my friends/people I know socially. I'm also in my early 20s.
Still kind of hard to believe that you guys share income information with each other.I was in my early 20's once. I don't remember ever telling people how much I make and I never asked how much others make. I have no reason to not believe you though.
Titles are BS by the way. The finance industry hands out VP titles like pancakes. Many companies inflate titles - It's a gimmick, a rouse.
All that said, from a WTF perspective...if you do have all these big shot friends you should tap them. That's just common sense.
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Quote:
Originally Posted by stellastar2345
have college degree (or graduate degree) and work a white collar job. I thought that was the standard definition of professional?
So an clerical employee with an English degree is professional by your definition? Wrong. As I said, it's become nearly cliche' to call jobs "professional" these days.
College is the new minimum requirement for entry to the workforce. There's absolutely no guarantee of a decent paying job with a college degree. There are plenty of people with college degrees working at minimum wage jobs in fast food and retail.
I don't know many in their 20s with six figure incomes. They're out there, but will probably be rare outside of major markets.
Among my friend's children and my adult children & their friends (dozens and dozens of 20 something college grads) I do not believe that there is even one earning that much.
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Originally Posted by joe from dayton
That does not mean it is common, it simply means that you are running into people who are doing well. We can also all name multiple twenty-something college grads working in retail for less than $10.00 an hour.
But, I can name many, many college grads in their 20s earning $12 an hour or less per hour, even for jobs that require a college degree.
College is the new minimum requirement for entry to the workforce. There's absolutely no guarantee of a decent paying job with a college degree. There are plenty of people with college degrees working at minimum wage jobs in fast food and retail.
There's no guarantee of anything but the likelihood of you getting a high paying job with benefits increase exponentially when one obtains a college degree.
However, I do agree that if you don't have any post high school education you're essentially locking yourself out of the job market for lucrative opportunities.
Lately I've been meeting a lot of early 20s professionals making 100k+ in a relatively low cost of living city (Atlanta). I didn't realize how common it is now.
Where I work, the average salary for people 25 and younger is roughly 40-45K. Maybe even a bit lower, but we employ engineers, so most of them make 50K or over.
OP, I know specialty doctors and their salaries are 300K+ and I know them personally and I can tell you their salaries are VERY real.
So, if you're concerned about winning the rat race and making more than everybody else, then go that route.
That, or run a ponzi scheme...
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