- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How much were you making at ages 25, 28 and 30?
Posted on 11/25/24 at 11:39 am to justaniceguy
Posted on 11/25/24 at 11:39 am to justaniceguy
25: negative zero dollars and eating $1 McDonald's burgers
28: ~$100K
30: ~$500K
I came a long way from 25 - 30.
28: ~$100K
30: ~$500K
I came a long way from 25 - 30.
Posted on 11/25/24 at 11:41 am to justaniceguy
Make less at 30 than 28.
At 28 I was working 80 hours every 2 weeks at my full time job and 30 hours at my side gig
Now with kids, the side gig has turned into about 10-20 hours a month
At 28 I was working 80 hours every 2 weeks at my full time job and 30 hours at my side gig
Now with kids, the side gig has turned into about 10-20 hours a month
Posted on 11/25/24 at 11:50 am to justaniceguy
Then dollars / Today's dollars
25 - $30k / $39k
28 - $68k / 84k
30 - $68k / $79k
Between the ages of 28 & 30 I was laid off for COVID and took a "prove-it" deal for similar position in completely new industry since I needed a job. By the grace of God, I've been able to do really well in this new industry and actually just got my first "big increase". I'll be making a little over $100k more than I was 8 years ago. Blessed would be a tremendous understatement for the way things have turned out after I was laid off with a wife and kid at home.
25 - $30k / $39k
28 - $68k / 84k
30 - $68k / $79k
Between the ages of 28 & 30 I was laid off for COVID and took a "prove-it" deal for similar position in completely new industry since I needed a job. By the grace of God, I've been able to do really well in this new industry and actually just got my first "big increase". I'll be making a little over $100k more than I was 8 years ago. Blessed would be a tremendous understatement for the way things have turned out after I was laid off with a wife and kid at home.
Posted on 11/25/24 at 12:38 pm to BRich
25 - $38k
28 - $0k
30 - $108k
28 - $0k
30 - $108k
Posted on 11/25/24 at 12:47 pm to TDsngumbo
quote:
It is never about how much you make. It's what you spend.
False. It's a two sided equation...of course what you make matters tremendously. Broadly speaking, there is a spending problem in America but there's also plenty that need to earn more.
Posted on 11/25/24 at 12:57 pm to justaniceguy
Inflation-adjusted
25: $87,968.31 - Design Engineer in O&G
28: $116,864.73 - Product Line Management in O&G
30: $160,008.11 - Manager in Management Consulting, post MBA (base salary, with bonus ~200k)
25: $87,968.31 - Design Engineer in O&G
28: $116,864.73 - Product Line Management in O&G
30: $160,008.11 - Manager in Management Consulting, post MBA (base salary, with bonus ~200k)
This post was edited on 11/25/24 at 1:01 pm
Posted on 11/25/24 at 1:01 pm to justaniceguy
In today's dollars:
$263k
$313k
$439K
At least according to the linked calculator.
Ah, inflation.
$263k
$313k
$439K
At least according to the linked calculator.
Ah, inflation.
This post was edited on 11/25/24 at 1:03 pm
Posted on 11/25/24 at 1:10 pm to TDsngumbo
quote:
It is never about how much you make. It's what you spend
quote:
I wish I could go back in time and save/invest more back then but oh well, can only move forward.
You could have saved and invested more if you made more money.
Controlling spending is great, but you can only cut so much.
Posted on 11/25/24 at 1:12 pm to JohnnyKilroy
quote:i made just a bit more in 2023 AND 2024 than i did in 2022
Inflation has gone up about 34% since 2014. A little less than 3% per year on average. What have you been doing that you haven't increased your income ~30% over the past 10 years. You had 4 years of Trump + crazy covid spending/low interest rates that have juiced salaries over the past 10 years.
fml
Posted on 11/25/24 at 1:15 pm to DmitriKaramazov
quote:
In today's dollars:
$263k
JC, were you self-employed?
Posted on 11/25/24 at 1:18 pm to justaniceguy
I'm really enjoying all of the honest responses.
Posted on 11/25/24 at 1:22 pm to justaniceguy
Age 25: $62k
Age 28: $59k
Age 30: $80k
Age 28: $59k
Age 30: $80k
Posted on 11/25/24 at 1:24 pm to justaniceguy
25 - 60k / 88k
28 - 70k / 96k
30 - 114k / 152k
Was working as a consultant since graduating college, decided to do hourly contracts at age 30 instead of being an employee of consulting companies because they took such a large cut
Was the right decisions but not without risk
28 - 70k / 96k
30 - 114k / 152k
Was working as a consultant since graduating college, decided to do hourly contracts at age 30 instead of being an employee of consulting companies because they took such a large cut
Was the right decisions but not without risk
Posted on 11/25/24 at 1:25 pm to justaniceguy
quote:
If you had much savings at the time then feel free to post that too.
At 30 it was 180k in retirement accounts. I can tell you to save early and often and as you hit your earning years in your 30s and 40s it really ramps up.
Looking at your savings in your 20s can be depressing, but just keep plucking away.
Posted on 11/25/24 at 1:31 pm to justaniceguy
52k
75k
120k
Now I’m 33 and have my own catfish farm operation I pay myself a 100k salary but total income depends on profit plus the company pays for my truck, fuel, health insurance, etc
75k
120k
Now I’m 33 and have my own catfish farm operation I pay myself a 100k salary but total income depends on profit plus the company pays for my truck, fuel, health insurance, etc
Posted on 11/25/24 at 1:52 pm to DownshiftAndFloorIt
quote:
Does anybody here make less than $100k?
I do! I make $75k. I'm a single dad with 1 still in high school and the other in college. I don't have to pay for college because my oldest is smart as hell. My youngest that is still living with me has several scholarships to smaller schools for basketball. I've lucked out with college. Day to day expenses kick my arse. I have about $50k in a 401k that I put the max in every paycheck. Had 2 others that I had to draw out after 2 divorces. Shows I'll have close to $800k around retirement. I have other assets though.
Posted on 11/25/24 at 2:01 pm to barry
quote:
At 30 it was 180k in retirement accounts
Not sure how old you are now, but do you feel like this was enough such that you were on track for a reasonable retirement?
It’s hard to gauge where one should be when the stories are all: 1) “most Americans don’t have $1000 in savings!” or 2) “I’m 29 and closing in on $5mil in my portfolio but nervous it won’t be enough in 36 years!”
Posted on 11/25/24 at 2:23 pm to justaniceguy
25: $0 per year (1st year of medical school)
28: $0 per year (3rd year of medical school).
30: $50,000
35: Enough to be in the highest tax bracket.
28: $0 per year (3rd year of medical school).
30: $50,000
35: Enough to be in the highest tax bracket.
Posted on 11/25/24 at 2:26 pm to justaniceguy
Income on its own is irrelevant. It’s all relative to the cost of living where you reside. I was living better on 60k in Memphis than I would have been on 150k in an expensive city.
Posted on 11/25/24 at 2:36 pm to justaniceguy
Damn... looking at everyone else's amounts, I must have been living in poverty at 25, 28 and at 30! Sure didnt feel like it though. Hats off to the OT Ballers that are making bank. I'm in my mid 40's, make mid $90's; wife makes $100.... feel like we do very good, modest spenders and not in debt!
Popular
Back to top
