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» How many people do you know IRL that make 6 figures? Specifically <35
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post 1604369371 05-07-2020, 04:20 PM
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Relatively close friends/family... ~8
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post 1604370661 05-07-2020, 04:41 PM
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I hit $125k (UK) at 35yo 4 years back. Felt good. Had increases since then but £ is so weak now its only about $110,000. Plus im almost 4 years older. Life is ok, 2 kids though drain resources heavily!

Work in IT for large multinational. im mid-manager level. Director level are $160k, VP $220,000, Exec $350,000+++. My CTO owns a number of small aircraft and lives in a $5m mansion in Arizona.
post 1604370771 05-07-2020, 04:43 PM
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I'm a union tradie in the Bay area. You have to miss quite a bit of work to get under 100k a year. Completely serious and that is just the pay not including all the fringe benefits including our vacation check bonus and whatnot
Thanks for your input, you frauding fat slampig-Sirfapsalot '20

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post 1604375161 05-07-2020, 05:41 PM
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I’ve made $100k or above last 3 financial years (im28) and honestly doesn’t feel like a whole lot, I live comfortable but I’m definately not some baller, mind you chit in Australia is expensive AF cost of living is pretty high in the suburbs so 100k per year Aud wouldn’t get you nearly as far as 100k in other countries would
post 1604377611 05-07-2020, 06:15 PM
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#65
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Originally Posted By DeputyDink
It's mindnumbing how much salary is talked about on here without people having a basic understanding of cost of living. $100k really isn't a lot if you live in a big city like LA, NYC, San francisco etc. but if you live out in bumfuk nowhere in the south and you are making $100k then you are probably living pretty dang well. My cousin works in a warehouse in Seattle and he makes well over $100k. It's all relative.
^^^ + cost of living, tax rates and currency. $200k in Singapore is very very different to $200k in Australia even now that the currencies are virtually equivalent. Different again if you need to pay for international schooling in Singapore
Originally Posted By aussie_steven
I’ve made $100k or above last 3 financial years (im28) and honestly doesn’t feel like a whole lot, I live comfortable but I’m definately not some baller, mind you chit in Australia is expensive AF cost of living is pretty high in the suburbs so 100k per year Aud wouldn’t get you nearly as far as 100k in other countries would
Wait til you see what happens when you hit $180k...

It’s life changing but not in the way you’d hope.
Originally Posted By samsbolton
You’re nowhere near either way wouldn’t worry about it
Lmao Prolapse ethered by samsbolton. The most ignominious of defeats.
Originally Posted By Testifraud
Bull**** bull**** bull****
Why do you even bother posting in income threads

Go flex in your Ford Fiesta somewhere else little girl

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post 1604378241 05-07-2020, 06:23 PM
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100k a month? Poverty boys
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post 1604380241 05-07-2020, 06:49 PM
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Lots get there working extended hours, I’ve seen firefighters in my city make over 100k just in OT alone sickening. I’m near $150k total comp just putting in standard 40 hour weeks, this isn’t anything glamorous when Uncle Sam takes near 35% and CA col takes everything else.
Besides most coworkers, half my family is poverty with no education on unemployment right now, the other has advanced degrees from top prestigious schools raking in coin ($350k).
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post 1604380411 05-07-2020, 06:51 PM
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3 but I know someone personally that makes 10 figures a year, so that makes up for the rest of the poor bastards I associate with.
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post 1604380581 05-07-2020, 06:54 PM
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more than i can count. It's really not a lot these days
post 1604380601 05-07-2020, 06:54 PM
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I’m in nyc. Unfortunately 100k per year really isn’t that much. The median income in some of the nicer neighborhoods like west village is 800k/year, no exaggeration
post 1604380711 05-07-2020, 06:56 PM
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Originally Posted By azumi121
3 but I know someone personally that makes 10 figures a year, so that makes up for the rest of the poor bastards I associate with.
Who do you know that makes $1 BILLION personal income every year? That's a very short list. Well, not for misc, but for normies.
post 1604380741 05-07-2020, 06:56 PM
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#72
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Pretty much everyone I went to university does because it is a rich fuk school with great job placement. I'm closing in on six figures and will arrive on my next position, but probably among the lowest of my fellow graduates.
post 1604380781 05-07-2020, 06:57 PM
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#73
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Originally Posted By Testifier
*more fraudin
Lol at the guy who's been outted more times about his lifestyle and money than anyone on the misc chiming in. How's your 911? I mean 718, I mean 7 year old base model Boxster?
Thanks for your input, you frauding fat slampig-Sirfapsalot '20

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post 1604381221 05-07-2020, 07:02 PM
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Originally Posted By iamdetermined
Well that's understandable, kinda like the moving target in lifting. But milestones do mean something and $100k signifies a lot IMO.
This. It's like when you hit 225 on bench- in the grand scheme of things it's not that much, but it sure feels good the first time you can say you hit it
post 1604381531 05-07-2020, 07:06 PM
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#75
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UK bro so 6 figures GBP is a really high salary and very few people make that esp outside of the city. I make about £80k in a highly specialised engineering field and even that most people will never come close to. Median is like £27k or some ****.

I know higher ups in my company who make 100k+, my parents (doctors with 40 yr exp) and some of their friends, a couple of my friends in IB, otherwise no one lol.
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post 1604381821 05-07-2020, 07:10 PM
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#76
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Originally Posted By dan06lcm
A crap ton, but thats only because most work in the refineries and make that because they work 7/12's a few months out of the year and rack up on that OT.
Can confirm. 6 week turnaround at $55 an hour straight time, $82.50 OT, and $115 a day per diem is almost 40k working 84 hour weeks. Here I am working salary while these guys come in and clean house.
post 1604381831 05-07-2020, 07:10 PM
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#77
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Live near Bay Area so I don’t know anyone. Unless you count the bar tender at the local dive bar who’s a buddy.

I exceeded 200k when I was 25. Most people have 6 figure bonus grants even. Wouldn’t imagine pretending to cope on a 5 figure W2.
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post 1604382451 05-07-2020, 07:19 PM
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#78
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I don't know any under 35. Which is crazy b/c everyone under 35 on the misc is making over 100k. Guess that's just a weird coincidence I guess.
post 1604383101 05-07-2020, 07:30 PM
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#79
  1. Destor
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Originally Posted By MetalHead6
Can confirm. 6 week turnaround at $55 an hour straight time, $82.50 OT, and $115 a day per diem is almost 40k working 84 hour weeks. Here I am working salary while these guys come in and clean house.
Is that a Contractor rate or as an employee? $55/hr is damn good, that would be General Foreman level around these parts

This is my setup right now with six years of experience, on the mangement side



The LOA alone is almost $29k a year tax free without working any days on top of a 10/4 rotation
post 1604383321 05-07-2020, 07:34 PM
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#80
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Originally Posted By Aristotelian
I met a few of the future high earners in college, only 1 from high school (besides me). But most of my high earning contacts were the ones I met in the work world.

My question to you is: why do you care? Do you think your life would improve if you met more people that, say, have 100k cash in hand p.a after all is said and done (taxes, other commitments/contributions/investments)? If so, why?
No I'm making this thread to figure out how everyone on the misc makes six figures, but its rare to actually meet someone who makes that IRL around my age. I'd go as far as to say that even in my previous corporate job a lot of oldcels were making the same amount as me and we were nowhere near 100k.

That said I do think that hanging around people who make that amount would be a good influence.
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post 1604383541 05-07-2020, 07:37 PM
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#81
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Under 35 I know a few, but only one person outside of medicine. His dad owns a large company and he works for it. The only other people I know that make more than that barely do and live in SF or Silicon Valley and their salary is actually almost at the poverty line there even though they break 100k easily.

No one that I know in any other field has broken 100k by 35 in the southeast No joke.


Further, I grew up in an area where almost all of these people’s parents made at least $150k a year.
post 1604383671 05-07-2020, 07:39 PM
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#82
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Originally Posted By Destor
Is that a Contractor rate or as an employee? $55/hr is damn good, that would be General Foreman level around these parts

This is my setup right now with six years of experience, on the mangement side



The LOA alone is almost $29k a year tax free without working any days on top of a 10/4 rotation
Contractor. The API 510 inspectors that come in for turnarounds may get paid anywhere from $50-$60 an hour plus their per diem. Advanced NDE techs doing Phased Array UT get paid the same or more.
post 1604384001 05-07-2020, 07:44 PM
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#83
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Originally Posted By TugOfPeace
Lol.. only on the misc.

$100k/year after taxes is about $6200/month, or $5300/month if you contribute 10% to a retirement plan.

If you're single and spend $2k/month on a fancy apartment, $600/month on food, $100/month on gym/netflix/spotify, and $800/month on transit, that leaves you roughly $1800/month in savings. And that's if you spend like a complete *******.

Personally? My expenses in a major city are as follows:

Rent/utilities - $1800
Food - $400
Gym/Netflix/Spotify/Phone - $125
Total - $2325

I pocket about $3400/month or $40,800/year. The expenses I haven't listed are clothes ($2k), entertainment ($3k), and travel ($5k). So I'm saving $31k/year in cash and another $15k/year in retirement. 10 years of that would net me something like $500k cash, significant equity in my condo, and much more in retirement, assuming I stay single.

How the fuk are you saying $100k isn't a lot? I'll tell you how - because you probably spend money like a typical basic bitch.

BRB Starbucks several times a day
BRB drinks at the bar every weekend
BRB designer clothes
BRB lease a luxury vehicle
BRB latest iphone each year
BRB eat out at restaurants every week

Durrrr $100k is the new $50k durrrr
Yeah, families of four are surviving on 50k combined yet less than $100k as a single man is nothing on the misc. No one I know that makes more than 50k is stressed about money.
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post 1604384331 05-07-2020, 07:49 PM
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Originally Posted By MetalHead6
Contractor. The API 510 inspectors that come in for turnarounds may get paid anywhere from $50-$60 an hour plus their per diem. Advanced NDE techs doing Phased Array UT get paid the same or more.
Yeah NDE money is fukn good around here too. I'm not generally in refineries but am still on process piping in oil production plants, actually working on the Keystone XL pipeline right now


My company pays upwards of $130/hr for top level Project Controls and PM contractors
post 1604388681 05-07-2020, 08:52 PM
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Originally Posted By DeputyDink
It's mindnumbing how much salary is talked about on here without people having a basic understanding of cost of living. $100k really isn't a lot if you live in a big city like LA, NYC, San francisco etc. but if you live out in bumfuk nowhere in the south and you are making $100k then you are probably living pretty dang well. My cousin works in a warehouse in Seattle and he makes well over $100k. It's all relative.
People are stupid though and think on very basic levels.

Salary is one component to wealth

Wealth is built when you take the money you have over at the end of each week / month and save and invest it

If your expenses are high, then you won't have much money left over even on $100k

So the real factor is, how much do you save, whilst living a relatively comfortable lifestyle?
post 1604389071 05-07-2020, 08:58 PM
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#86
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I literally made over $100k in a couple individual months last year.
post 1604400491 05-08-2020, 01:06 AM
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$150k-$160k working 3 days a week and dream everyday of quitting and doing something else.
post 1604400991 05-08-2020, 01:23 AM
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#88
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Originally Posted By TugOfPeace
Lol.. only on the misc.

$100k/year after taxes is about $6200/month, or $5300/month if you contribute 10% to a retirement plan.

If you're single and spend $2k/month on a fancy apartment, $600/month on food, $100/month on gym/netflix/spotify, and $800/month on transit, that leaves you roughly $1800/month in savings. And that's if you spend like a complete *******.

Personally? My expenses in a major city are as follows:

Rent/utilities - $1800
Food - $400
Gym/Netflix/Spotify/Phone - $125
Total - $2325

I pocket about $3400/month or $40,800/year. The expenses I haven't listed are clothes ($2k), entertainment ($3k), and travel ($5k). So I'm saving $31k/year in cash and another $15k/year in retirement. 10 years of that would net me something like $500k cash, significant equity in my condo, and much more in retirement, assuming I stay single.

How the fuk are you saying $100k isn't a lot? I'll tell you how - because you probably spend money like a typical basic bitch.

BRB Starbucks several times a day
BRB drinks at the bar every weekend
BRB designer clothes
BRB lease a luxury vehicle
BRB latest iphone each year
BRB eat out at restaurants every week

Durrrr $100k is the new $50k durrrr
Whilst I agree with everything you said about 100k being way more than enough, there are so many expenses that most people don't skip or maybe you didn't write them down.

ordering **** from amazon, probably several hundred dollars per month
household items add up pretty quickly too. tp, washing, cooking, new cupboard, table breaks so gotta get a new one, new TV every 3-5 years so 3k/3 = 1k a year, bath towels, bed sheets, new bed or mattress every 10 years but costs 5k. new laptop every couple of years.
birthday, holiday presents for the squad + fam
healthcare - dentist, blood tests several times a year, life insurance
post 1604405471 05-08-2020, 04:18 AM
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#89
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If you're on less than $100k in the US you're on that poverty time.
post 1604421591 05-08-2020, 09:47 AM
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Here is some more $100,000 data:

- A 25 year old making that much is top 3-4% for age
- A 35 year old making that much is top 15% for age.
- A 45 year old making that much is top 20% for age.

-A male making that much is top 20% for his sex.
-A female making that much is top 9% for her sex.
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