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Old 07-25-2016, 09:23 AM
 
Location: southwestern PA
22,331 posts, read 47,298,153 times
Reputation: 47372

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Quote:
Originally Posted by mbpharoh View Post
$100k salary has been known to be the "dream salary" to live comfy
I never hit it; I never needed to, even to 'live comfy', as you put it.
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Old 07-25-2016, 09:27 AM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,334 posts, read 26,006,593 times
Reputation: 3990
I started as a software developer in 1988 making $27k. After working temp and summer jobs for not much more than minimum wage, that was a wonderful thing. :-) I was 26.

It took me 25 years to reach 100k. In many companies, long-term employees in IT tend to work their way up the salary ladder much more slowly than new hires since new folks tend to get hired at higher price points year after year and corporate raises (if you get one) can be small (1-3%), so one of the best ways to get a salary increase (besides promotions) is to jump ship for a position at another company.

Also, keep in mind that base pay isn't everything. When I was a programmer at an airline, the extremely good heath and flight benefits were worth quite a bit.

Last edited by rcsteiner; 07-25-2016 at 09:49 AM..
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Old 07-25-2016, 09:50 AM
 
Location: Suburbia
8,817 posts, read 15,257,012 times
Reputation: 4517
I started work out of college in 1993 making $25,500. Twenty-four years later I'm around $92k, so getting closer. Maybe in the next few years?
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Old 07-25-2016, 09:58 AM
 
Location: Seattle Area
1,716 posts, read 2,027,171 times
Reputation: 4146
You really have to adjust for inflation when looking at 30 year old salaries. I started at $30k out of college, but that's about $63K in 2016 dollars. Took about 10 years out of college to hit the $100K mark.
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Old 07-25-2016, 10:19 AM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,334 posts, read 26,006,593 times
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Quote:
Originally Posted by Yakscsd View Post
You really have to adjust for inflation when looking at 30 year old salaries. I started at $30k out of college, but that's about $63K in 2016 dollars. Took about 10 years out of college to hit the $100K mark.
I started at almost 54k in 2016 dollars. Still took me 25 years.
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Old 07-25-2016, 10:24 AM
 
13,011 posts, read 12,982,956 times
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Quote:
Originally Posted by Mightyqueen801 View Post
30 years.

Of course, the first year my salary was $10,400.

Your question only makes sense to people who entered the work force recently/past ten years or so.
Quote:
Originally Posted by cpg35223 View Post
This.

My first salary in 1984 was $11K.
Quote:
Originally Posted by tgbwc View Post
I started work out of college in 1993 making $25,500. Twenty-four years later I'm around $92k, so getting closer. Maybe in the next few years?
Similarly. My first job back in 1990 paid about $17,000. I cracked the $100,000 mark in 2008.
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Old 07-25-2016, 11:34 AM
 
24,526 posts, read 18,054,473 times
Reputation: 40210
1995

I maxed Social Security for the first time in 1985 in my 5th year working.
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Old 07-25-2016, 11:50 AM
 
Location: Glen Burnie, Maryland
2,032 posts, read 4,532,626 times
Reputation: 3085
I've been working 35 years and still haven't hit it. My son hit it at 10 years without a college degree.
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Old 07-25-2016, 12:29 PM
 
Location: Frisco, TX
459 posts, read 1,740,731 times
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I am a bit of an anomaly but I graduated college in 2011 and I started making six-figures ($120-150K varying through the past few years) three years later in 2014.

I am in enterprise software sales if it means anything. Without my commissions though, I would be at $70K base salary 5 years out of school for reference, but would still be difficult to get an equivalent sales job of mine at another company with the experience I have. I started at the company in a lower role and then applied for the sales position when it became available and was immediately hired and transitioned to my new role.
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Old 07-25-2016, 12:34 PM
 
21,949 posts, read 19,070,038 times
Reputation: 18061
never have, never will
and i am very happy with my life
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