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re: Jobs that you can realistically expect to earn $300k+ a year
Posted on 12/3/23 at 3:17 pm to frankthetank
Posted on 12/3/23 at 3:17 pm to frankthetank
Financial advisors. Insurance agents, particularly the Farm Bureau or State Farm types.
This post was edited on 12/3/23 at 3:18 pm
4
Posted on 12/3/23 at 3:23 pm to slackster
quote:
Insurance agents
Really? This one honestly surprises me.
Posted on 12/4/23 at 5:34 pm to slackster
quote:
Insurance agents, particularly the Farm Bureau or State Farm types.
Any concern with everything moving online?
Posted on 12/8/23 at 12:12 pm to slackster
quote:
particularly the Farm Bureau or State Farm types.
I work in the industry. There is a lot of money, especially these days. But the captive agents you’re talking about don’t make the big money. I know multiple independent agency owners that make more than $1mm+ per year. Large commercial is where the money is, and that isn’t the State Farm’s of the world.
I work on the wholesale side at one of the big three. The top 40 brokers will all make more than $1mm this year.
Everyone in the top 200 will make at least $300k.
FYI… The downside to my job is that I don’t work 9 to 5. I work whenever people want me to. And I never get to take a real vacation where I just “check out.”
This post was edited on 12/8/23 at 12:19 pm
Posted on 12/26/23 at 12:32 am to slackster
quote:
Financial advisors. Insurance agents, particularly the Farm Bureau or State Farm types.
I’m a health insurance agent. I’m at $250k right now and in about 2-3 years I should be able to hit $300K. I really feel blessed. It’s a great industry, but getting started is really tough; it’s usually commission only, and so it takes a while to build up a client base, which pays renewal commissions monthly. I was lucky that I was in the right place at the right time. Back in 2000, An insurance company pulled out of the area and thousands lost their insurance at the same time. I was able to quickly build up a client base and I’ve just added to it since then. And there’s very little overhead; you need a phone, a computer, a car. And if I stay healthy, it’s a job I can do as long as I want.
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