re: Did any of you feel stuck in college?

quote:

---

If you make 150k working 80 hours a week, versus someone making 150k working 40 hours a week, your pay isn't equal

---

The difference is that out of high school, one is spending 6k-20k/year on college while the other is making 100k/year working OT in the plant.,,for 4-5 years.

After 5 years: engineer: $-35,000; operator: $500,000

Coming out of college, that engineer won't be making 150k, he'll be making 50k, and working only 50-60 hrs/week, but steadily increasing pay and decreasing hours from there.

5 years after college:
engineer: $270,000; operator: $1,100,000

Next 5 years, engineer keeps getting promoted and getting more and more money, closing in on just 40 hours/week. Baw is still working 60 hrs/week and the occasional 7/12s.

10 years after college:
engineer: $942,000; baw: 1,600,000

The engineer is now bringing in more per year, working half the hours, and has far more vacation time. Over the next 5 years, he will surpass the baw in total money earned while still building retirement from the company.

20 years after college:
college: $3,357,000; baw: $2,500,000

It pays off, it just takes a while. However, if a baw was a very savvy investor, the time value of money could inable him to translate that early advantage into a huge financial windfall by investing in revenue producing assets. Nvm, let's just buy a $400,000 house, $30,000 boat, and a brand new chevy with the lift kit look a whole lot better wit u up in it while blasting a little Ol' Hank and a little T-Payne, just might make it rain.