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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My DS graduated from college about 3 years ago and makes around $100k. His first-year salary surpassed my salary in year 15 of teaching. It's no wonder anybody wants to teach. Thankfully he is nearly done paying back his student loans and is saving his money wisely.  [/quote]

My oldest daughter spent the first seven years of her career in IB and another three years in M&A.  She made a lot of money in that ten years span and also invested wisely during that time.  When she walked away after ten years, she had a net worth of around 15M, enough to not worry about money ever again.  She is now a biology teacher at a private school because she wants to make a difference in young people's lives, and she is very happy with her choice.  She is also married to a poor public high school teacher but he is the love of her life.  Her only regret is that she wished she could have met him sooner.[/quote]

Yes I’m from an Ivy League and many of the UMC class kids knew to take that path. I didn’t understand how much money any careers made (I am a scientist and my starting pay was $50k; my understanding was that IB made $100k but worked 100 hour weeks — no inkling that the salary would escalate quickly)

I tell this story to my kids often; to build a nest egg as fast as possible, then follow their passion. [/quote]

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