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re: Jobs that you can realistically expect to earn $300k+ a year

Posted on 12/27/23 at 3:50 pm to
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 12/27/23 at 3:50 pm to
Good, simple, valuable stuff right here.

Still super depressing that a half million dollars pretty firmly lands you in middle/upper middle class in most major cities these days.

No one is hurting by any means at that rate but 2-3 kids, a house big enough for them, a couple reasonable vacations/year and that money really isn't going that far towards "building wealth".

Crazy times.
This post was edited on 12/27/23 at 3:52 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35702 posts
Posted on 12/27/23 at 4:55 pm to
quote:

Still super depressing that a half million dollars pretty firmly lands you in middle/upper middle class in most major cities these days. No one is hurting by any means at that rate but 2-3 kids, a house big enough for them, a couple reasonable vacations/year and that money really isn't going that far towards "building wealth". Crazy times.


Well what do you mean by major city?

Yea that ain’t getting it done in the top end cities like LA SF NYC DC etc but there are plenty of “big” or “major” (imo at least) cities where you can easily build wealth with that income.


I live in the heart of a metro area of nearly 3 million people, not really that close to 500k a year and I am building the frick out of some wealth lol. And I bought my current house at the top of the housing market.

Just the vanilla tax advantaged accounts for a dual income household (401k, HSA and IRA) is almost 70k/year and that’s before any employer matching/contributions.

Assuming even a modest match at 4-5% gets you into the 80s per year in savings before putting a dime of your take home pay towards investments.



Now I guess you and I might have different definitions of wealth. I think a ~5M portfolio (not including your primary home) in your mid to late 50s is pretty wealthy. But you may have bigger aspirations.
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