Can you be rich as an engineer?
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Anonymous
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I have 27 year old engineer friends who make 150k and it seems like they will be set for life with such a high income from the onset.
How come they aren't considered in the high income category such as lawyers, doctors and financiers? |
Anonymous
| Because their income isn't going to increase much more. |
Anonymous
| Because we top out around there unless you move up the management ladder or invent/set up your own company. |
Anonymous
| Because $150k isn't HIGH income. But engineers can get rich by starting a company (gov't contracting, start-up, or the like). |
Anonymous
150k is not high in this area. It's about average. Maybe if he makes above 300k (500k??). |
Anonymous
150k at 27 isn't high?
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Anonymous
What you're not getting is that it's not going to increase from there. And no. Doctors, lawyers and financiers make A LOT more. |
Anonymous
| Almost all of my friends who went to engineering school ended up getting MBAs or law degrees. |
Anonymous
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150k at 27 is great, but they're likely going to be making only slightly higher 10 years later. Most of the senior-level developers I know make $175-200k.
Lawyers and doctors do a lot better later in their careers. |
Anonymous
My IT husband makes more than my doctor sibling. |
Anonymous
Good for him (and you), but that's not the average. |
Anonymous
| $150k isn't high income. If you are not generating revenue, you will most likely never be high income. |
Anonymous
| If you're really smart and a go getter you can go the management track. |
Anonymous
This is my DH. It's really his people and soft skills that allowed him to stand out among the other engineers (that, combined with smart, go getter, working hard. . .) |
Anonymous
LOL. Too funny! |