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I really can't believe alot of these salaries on here. (100K by 30 years old, 80K in their early mid 20's). You would think Bill Clinton was still the president and the economy was booming. Jobs being created a record pace
I don't believe alot of these stories with kids making bank like they say they do. Maybe they aren't sharing they live in a ridiculously high cost of living area in which making that amount is pretty much average/below average.
Sorry Im not that gullible.
I know here in Texas, people sure as hell aren't making that kind of salary unless they are doctors, Lawyers etc. People that have been with companies here for Years and years are clearing maybe 65-70 (with quite a bit of hours). And then I listen to kids on here making 100K? ROFLMAO!!!!! Please
1) There is some selection bias at play here. Obviously given the title of the thread most people aren't going to post unless they are making $100k+.
2) It's not at all unreasonable to expect a $100k salary in certain fields, in certain metros, with a certain educational background. Honestly, $100k is no big deal in places like San Francisco or NYC or even DC for someone 5 years out of college in many professional office type jobs.
3) You underestimate just how many doctors, dentists, and lawyers are out there.
I agree unions helped with work place conditions and increasing wages, I disagree that they were as all powerful as you suggest. They did not help people hit $100k... they did not make employers value employees
Aside from just "talking" points, do you have any sources on your "points"?
And are you in a union? I'm part of afge, and while I joined because I think unions are still useful, I don't know how much collective "negotiating" power they have now. It seems like ACLU or other people suing in courts have more gains than unions themselves today.
Only 6% of wage earners max out their Social Security at $118,500. 6 figure income, or the inflation-adjusted equivalent, has always been fairly rare.
Quote:
Originally Posted by ShampooBanana
1) There is some selection bias at play here. Obviously given the title of the thread most people aren't going to post unless they are making $100k+.
2) It's not at all unreasonable to expect a $100k salary in certain fields, in certain metros, with a certain educational background. Honestly, $100k is no big deal in places like San Francisco or NYC or even DC for someone 5 years out of college in many professional office type jobs.
3) You underestimate just how many doctors, dentists, and lawyers are out there.
Doctors and dentists, sure. Most lawyers don't make 6 figures.
Nationally, if 6% make $118,500 to max out Social Security, it might be 8% or so above $100K. In a high cost of living region, it's pretty normal. In a flyover state, 6 figures is fairly rare.
I really can't believe alot of these salaries on here. (100K by 30 years old, 80K in their early mid 20's). You would think Bill Clinton was still the president and the economy was booming. Jobs being created a record pace
I don't believe alot of these stories with kids making bank like they say they do. Maybe they aren't sharing they live in a ridiculously high cost of living area in which making that amount is pretty much average/below average.
Sorry Im not that gullible.
I know here in Texas, people sure as hell aren't making that kind of salary unless they are doctors, Lawyers etc. People that have been with companies here for Years and years are clearing maybe 65-70 (with quite a bit of hours). And then I listen to kids on here making 100K? ROFLMAO!!!!! Please
I have friends that are doctors, engineers, government workers, etc., all under 30 who do well. Granted, some have ridiculously high student loan debt, but that was a choice they made. None of us currently live in the traditionally expensive metro areas, either. I doubt I am the only one who has friends from college that have good jobs.
You don't have to believe me, but what good does it do to lie on an anonymous forum.
Fresh out of college as an engineer. Base is 74k. Hopefully I can crack that 100k mark in a near future. I also bought lottery ticket like someone above
Usually these types of threads are for some people to 'humble' brag and strut their chests at how easily they make six figures, while thumbing their noses at the peons beneath them.
$100k salary has been known to be the "dream salary" to live comfy, while this may not be the case for many cities. I am curious on how long it has taken you to reach this milestone? I am currently 25 making $60k a year, wondering am I too ambitious by wanting to hit this milestone before 30 years old?
I think it depends on what profession you're in and the location of the job. It is certainly feasible to make $100k before 30 years old given the fact you're already making $60k salary. Although it may be helpful to do some research into the upward salary trend in your profession. Some professions do have a salary cap, and of course location is always a big factor in salary.
I think it depends on what profession you're in and the location of the job. It is certainly feasible to make $100k before 30 years old given the fact you're already making $60k salary. Although it may be helpful to do some research into the upward salary trend in your profession. Some professions do have a salary cap, and of course location is always a big factor in salary.
Agreed. In my location and where I plan to relocate the median salary for Product Development Managers in CE industry is well in the $100k, hopefully with my experience before 30 will get me there. I'm motivated to get it...
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