Reply to If you were married, how much was your HHI at 25?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are 24 and 27 and make 213K

Trying to predict where we may be in 10 years.[/quote]

Other peoples income has no correlation with where you will be in 10 years. That has to do with your field and other relevant information. But yes, in 10 years everyones income tends to increase.[/quote]

I'm a chemical engineer and he is in cyber security. [/quote]

Fellow engineer here. Your pay won't raise that much over next decade, you will probably top out st $140k each unless you get into business development, start own company, or hook onto a hot startup (and don't get RSUs diluted to nothing or other shaft)

It's not like law or medicine where you work for relative peanuts and then salary explodes.

Like you I grew up lower middle class, white, and we tapped out at $150k apiece because we don't know how to work the system or what is really lucrative. Hell, until I had kids I thought makin $100k would be amazing!! I mean my parents made $40k, our house cost $80k (sold in 2008 for that much I mean)

A lot of lower income folks go into engineering bc it requires less risk, and less student debt bc a bachelors is a professional degree (no grad school or law Med school required) and starting salaries are pretty strong and stable which people with only their wits and job between middle class and being homeless or stuck in your parents trailer park.

If you really want income to rise, see if you can tolerate the risk of one of you starting a company OR look how to get into business side of your companies, like sales or business development. Being the shrewdest engineer will not generally not pay that much, and your value depreciates rapidly with age. [/quote]

Thanks for the advice. I did have a feeling I would top out around 140k if I didn't sell myself to Shell or Exxon. I am OK with that.

I have a clearance which may give me a slight bump but I don't like the idea of being a contractor.[/quote]

Be a contractor? You mean an indepdent contractor, like a consultant? Do you work for company or govt now? [/quote]

I'm a govvie. I mean be a cleared contractor.[/quote]

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