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[quote=Anonymous][quote=Anonymous]Is the divide because your friends shoot up last 250k in income or prudent investing? 31 year old who just transitioned to health tech from consulting, bringing my salary from 110 to 150k. Hoping to keep growing or transition to big pharma because I don't want to be priced out. First gen college grad here that's just trying to understand the world.

Seems like it is really hard to plan to make more than that unless you're a law /business partner or owner or a senior tech lead or physician. Getting to 200 otherwise isn't impossible if you're motivated.

Basically what is the income that you see the divergence?[/quote]

Another first gen here and I think investing certainly has something to do with it. I'm a bit surprised at all the people saying stuff like "it never occurred to me that I'd have to save for retirement." It makes me think that they took for granted that the money would be there, which was certainly not the case in my family. If you wanted something, it was entirely on you to earn it and retirement was meticulously planned. I make a good but not massive salary, but I have more money in the bank and more overall wealth than many people who out-earn me because I still have the frugal streak from my parents and I've spent very little on stuff to make myself look rich. The divergence is way more complex than who has the biggest salary. [/quote]

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