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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You acknowledge the compensation increase. I think many, if not most, people would be motivated to go from $200,000-500,000. That’s a life-changing difference. [/quote] I just don’t get why they need the money I guess. When I’m 50 I’m supposed to have 2.8M in today’s dollars by maxing all my tax advantaged accounts and “just” throwing 10k a year into my brokerage. My wife will have about 3.2M by then. So at a total of 6M liquid net worth (excluding the house), which I think may be standard for a 25 year career of gs-15/managers, why not do something that gives good to the world, rather than sell your soul and defend corporations for a bajillion dollars… [/quote] This sounds both naive and judgmental. Not everyone is like you or has your same situation. This attitude of assuming everyone is like you and therefore should think like you is part of the problem we face. Some people have kids with special needs. Some people never reach a GS-15 level, and certainly not many where both spouses have high income Fed jobs. Some people are paying for kids and parents. There are hundreds of reasons why someone in their 50s will need (or simply want) to get a raise and/or do something differently when they hit middle age.[/quote]
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