all of the people making 250k, 300k, 500k - what do you do?!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Finance and IT household, our 360k is combined. Sure, we have plenty of single earners here on that income level but majority are 2 income household.

This.

Same.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Me: Full-Stack developer web/mobile/big data : $650k.
Wife: Oracle database admin: $150k.

I assume the $1.9mil above works for Google and maybe for the self-driving car division? I heard the members of that team are all ready to retire by now. I'm in the wrong business.

I don't think this is correct, maybe if you are consultant or business owner

maybe includes stock options/grants?

[Anonymous]

Not sure why people say DCUM HHIs are fake. You doubters must not be from around here. Even a crappy shitshack in the suburbs cost $450k and up - that is the ones in the "bad" school zones. The shacks in the "good schools" are $750k and up. Obviously people have to make 200, 300, 500k figures to live in these homes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Me: Full-Stack developer web/mobile/big data : $650k.
Wife: Oracle database admin: $150k.

I assume the $1.9mil above works for Google and maybe for the self-driving car division? I heard the members of that team are all ready to retire by now. I'm in the wrong business.

I don't think this is correct, maybe if you are consultant or business owner

maybe includes stock options/grants?

Something like that.l I work remote for a well known west coast IT juggernaut, bonus/stocks every year make up the 3/4 of the income. The other 1/4 comes from consulting.

[Anonymous]

Media and Administrative Director. 400k. We are not quite 50.

[Anonymous]

We are lucky because we are both high earners. CFO at a small IT company, 287k last year. DH IT sales 335k (went over goal). He has nice RSUs. We work and live in the burbs. Quality of life is great. Both went to WVU, I'm a CPA. I'm also the money manager. Decent passive income from investments (living outside the betlway has provided the opportunity for agressive investing) that are reinvested. Goal is to one day have majority of income from long term cap gains. Even though we have a great income, dont want to be a wage slave forever. It's not always what you make, but what you do with it.

38 & 39.

[Anonymous]

$420k HHI - biglaw (part-time) and Fed. OP - given your age and since you're not a lawyer, doctor or in finance (which is way more of a thing in NYC than here anyway), I think your salary is pretty good. I know many PhDs who make less (way less....) Now THAT is a path that I would never encourage for my kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Two income household. HHI is $321,00 from salary and investments. Occupations: Foreign Service Officer and Paralegal/Interpreter for a BigLaw firm.

This are solid middle class professions, goes to show that 300K isn't rich.

Um, no. Just no.

What makes it middle class is that it's two people earning it. So that's at least $1,000 a month extra in taxes plus a few extra thousand a month for childcare. If it's one person making it wth a SAHP the story is much different. Make no mistake that the government wants two working parents, it pushes the price of everything up. We are basically suckers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm a CPA. $270. Early 40s.

You are the highest paid CPA I have ever heard of. Congrats! Partner?

World Bank, maybe? If so, all taxes are paid by the bank on a quarterly basis.
I have CPA's in my building who work for the bank (who call themselves financial analysts). 4 years ago their salaries were in the high 200's.
I still do not know what they do exactly. I know they go to meetings and answer their emails and take several vacations a year.

[Anonymous]

Ha. My Dad was a CPA who got into corporate real estate. I don't know exactly how much he made, but enough to fund 3 trusts (for his kids) and 8 trusts for his grandkids. They donate 20% of their income and retired at 60. They annually gift all of us, as well.

Thanks, public private partnerships!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dentist. $680,000. Solo practice.

What type of dentist?

I think that I'll encourage my children to be dentists, instead of physicians. Who knew?!?

Yes except you have to look at people's DISGUSTING teeth all day. That is just revolting to me. Otherwise, agreed it's a great racket.

Being an orthodontist would be even better.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Dentist. $680,000. Solo practice.

What type of dentist?

I think that I'll encourage my children to be dentists, instead of physicians. Who knew?!?

Yes except you have to look at people's DISGUSTING teeth all day. That is just revolting to me. Otherwise, agreed it's a great racket.

Being an orthodontist would be even better.

The $680,000 dentist is one in a million. It's extremely rare to make that much. Perhaps that person is a specialist and spent more time and money to specialize. Most dentists make around 150-180k and have 250-350k in student loans (I've heard of quite a few 450-500k loan numbers nowadays too).

[Anonymous]

Anonymous wrote:$500-700k. Banker. Love my job. Mid-40's.

What do you do as a banker?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a CPA. $270. Early 40s.

You are the highest paid CPA I have ever heard of. Congrats! Partner?

World Bank, maybe? If so, all taxes are paid by the bank on a quarterly basis.
I have CPA's in my building who work for the bank (who call themselves financial analysts). 4 years ago their salaries were in the high 200's.
I still do not know what they do exactly. I know they go to meetings and answer their emails and take several vacations a year.

Also CPA, $200s, early 30s. Not a partner, I have a life.

[Anonymous]

Anonymous wrote:I'm in IT and own a small software company. I make $700-800k/yr and work 35/hrs/week. I structure my work so I am at home with the kids every afternoon. DW is in finance and makes $100k.

Do you write programs for the software you sell?