Anonymous wrote:If you are not at $500k before 40, I dont consider you to be successful. By the time you are 39, you should own the gd place.
Anonymous wrote:This is the year 2019 and we are coming off a ten year BULL Market.
Some older folks had to deal with 1987-1992 (zero raises, lay offs), 2000-2003 (zero raises, lay offs) and 2008-2010) zero raises lay offs.
At your young age of 33 you missed the first two recessions and the 2008 recession as just starting out you were lower paid and new and not in firing line.
Most salary jumps come is splurts and then goes flat in periods. I am older, but in last Boom around 2006 I was right age to make leap to corner office in a new company, I timed it right as the crash came two years later and managed not to get laid off and in 2017 next boom cycle did it again at a new company. It is musical chairs. And a pyramid scheme. For every 55 year old at work there are ten 25-45 year olds. Guess what all the 25-45 year olds will live to 55 except there are not many VP and above jobs in office. You are 37 and cocky, but at 55 when you are making 600K there will be another 37 year old cocky guy to take your job,
Anonymous wrote:Anonymous wrote:1998: $56,000
21: $61,000
22: $66,000
23: $66,000
24: $90,000
25: $93,000
26: $240,000
27: $240,000
28: $105,000
29: $0
30: $140,000
31: $160,000
32: $190,000
33: $210,000
34: $215,000
35: $230,000
36: $275,000
37: $400,000
38: $400,000
39: Likely substantially higher
The key is simple: New Jobs are made in moments of intense leverage. When that opportunity comes up, leverage, leverage, leverage. When you think you’ve plateaued, listen to your gut, and pound pavement.
Good grief! Who keeps a record of this or has easy access to tax records? I remember my starting salary and what I make now and that's about it.
Anonymous wrote:Anonymous wrote:I was at $150 at 35. $350 now at 45. If you get bored, get your CV out there, talk to headhunters.
$150-180 mid-30s
IT consulting/PM
Engineering & MBA top 20 schools
$150 mid-late 40s
IT consulting
Anonymous wrote:I was at $150 at 35. $350 now at 45. If you get bored, get your CV out there, talk to headhunters.
Anonymous wrote:Anonymous wrote:I hit $150 before 35. Now I'm 48 and am around $175. The salary increase is pretty blah. But my priorities have changed. Now I have 2 kids and I WFH full time. I've been at my company for so long I have seniority and a ridiculous amount of vacation. I can do my job in my sleep. What would take someone 2 or 3 days to figure out I can do in a few hours mostly because I've seen it before and I know how to access the right people to resolve an issue.
So, I used my fantastic salary prekids to buy a house. The house is now paid off and the kids are in public. I don't really need more than $175 to live. I'm there for every school function, my kids can do anything they want after school because I have the flexibility to drive them, dinner is easy because I prep it when they are in school and then just finish it off around 5:30. By 6:30 most nights, my kids and I relaxing.
A former co-worker went to another company and offered me $300 to jump ship. At this point in my life, I don't need the money and I don't want the responsibility. I love the ease and flexibility of my job.
I would love to be in this situation - any advice on how to get there?