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Posted on 10/18/23 at 11:32 am to fareplay
Engineer, Biomed something or other, RN, and couple left in college.
Posted on 10/18/23 at 11:32 am to fareplay
My son and DIL are both at DC band 1 law firms, my son is a 5th year associate and his wife is a 4th year year at a different firm. They are closing on a house in Fairfax at the end of the month. While neither has any student loan debt I worry about them taking on so much house debt because assuming they both make partner they will be up to their eyeballs in debt because they will almost certainly have to borrow the majority of their equity buy-in. The ROI is extremely high but they will be sitting under crushing debt right about the time they start to have kids.
Posted on 10/18/23 at 11:40 am to fareplay
My oldest son, 29, runs the phone bank for a large local hospital system.
My youngest son, 26, is an airline pilot.
My youngest son, 26, is an airline pilot.
Posted on 10/18/23 at 11:47 am to fareplay
My adult children are:
Retail management (great ESOP company), makes decent money but his retirement track is amazing. He started young enough with them and with their valuation growth his package will be great. He has about two years of college - hated taking classes he didn’t like. Went into college with a 1680 SAT.
Second oldest - Aerospace, aeronautical, and something else engineer for Boeing. Doing pretty well. Just bought his first house about 8 months ago in Charleston - new construction. His wife stays at home with my granddaughter.
Third oldest - Spec Ops aviation in the Army. Money is t great but he gets to travel the world, see great places, meet interesting people and kill them. He bought his first home a year ago. It’s an older home bear Ft. Campbell. Nice but nothing extravagant.
Retail management (great ESOP company), makes decent money but his retirement track is amazing. He started young enough with them and with their valuation growth his package will be great. He has about two years of college - hated taking classes he didn’t like. Went into college with a 1680 SAT.
Second oldest - Aerospace, aeronautical, and something else engineer for Boeing. Doing pretty well. Just bought his first house about 8 months ago in Charleston - new construction. His wife stays at home with my granddaughter.
Third oldest - Spec Ops aviation in the Army. Money is t great but he gets to travel the world, see great places, meet interesting people and kill them. He bought his first home a year ago. It’s an older home bear Ft. Campbell. Nice but nothing extravagant.
Posted on 10/18/23 at 11:54 am to Mid Iowa Tiger
Oldest is 34 on Halloween, Computer Tech supporting James Webb Telescope in Baltimore, she and boyfriend own a row house.
Youngest is 31, just started as research nurse at Pennington Center in BR owns her own house in Denham.
Youngest is 31, just started as research nurse at Pennington Center in BR owns her own house in Denham.
Posted on 10/18/23 at 11:55 am to Obtuse1
quote:
because assuming they both make partner they will be up to their eyeballs in debt because they will almost certainly have to borrow the majority of their equity buy-in.
How much is the buy in at a major law firm?
Posted on 10/18/23 at 11:58 am to GeauxTigers123
quote:
How much is the buy in at a major law firm?
When I was at Big 4 I think it was $250-500k. Would expect a law firm to be higher.
Posted on 10/18/23 at 11:59 am to fareplay
My son (24) works as a property claims adjuster, and loving it. Making pretty good money too.
My Daughter (26) works at the Emory Yerkes Primate Center. She's doing grunt work so far, but is working her way up the ladder.
My Daughter (26) works at the Emory Yerkes Primate Center. She's doing grunt work so far, but is working her way up the ladder.
Posted on 10/18/23 at 12:08 pm to fareplay
Oldest daughter is a stay at home mom but was a nurse for a decade.
Second daughter teaches kindergarten
Twin boys. One is in the Marine Corp and the other owns a detailing business
Second daughter teaches kindergarten
Twin boys. One is in the Marine Corp and the other owns a detailing business
Posted on 10/18/23 at 12:14 pm to fareplay
One does mouth suck.
The other butt.
They’re both successful.
The other butt.
They’re both successful.
Posted on 10/18/23 at 12:22 pm to fareplay
All jobs in North Alabama.
Son #1 Mechanical engineer, his wife speech pathologist.
Son #2 Fireman, his wife soon to be RN.
Son #3 IBEW journeyman electrician, his girlfriend accountant.
Son #1 Mechanical engineer, his wife speech pathologist.
Son #2 Fireman, his wife soon to be RN.
Son #3 IBEW journeyman electrician, his girlfriend accountant.
Posted on 10/18/23 at 12:41 pm to fareplay
Eldest daughter - Keller TX - Pre-school teacher
Son - Odessa, TX- IT with OXY
Youngest daughter - Lubbock TX - Finance
Own their homes
Son - Odessa, TX- IT with OXY
Youngest daughter - Lubbock TX - Finance
Own their homes
This post was edited on 10/18/23 at 12:45 pm
Posted on 10/18/23 at 12:48 pm to wfallstiger
4 children
2 plant engineers
1 teacher
1 just out of college
None live in LA any longer and the oldest 3 have all rolled equity quickly into their second house. Started small and moved to a larger home. Youngest still rents because he lives in a large city and wants no part of the burbs.
2 plant engineers
1 teacher
1 just out of college
None live in LA any longer and the oldest 3 have all rolled equity quickly into their second house. Started small and moved to a larger home. Youngest still rents because he lives in a large city and wants no part of the burbs.
Posted on 10/18/23 at 12:50 pm to fareplay
Oldest is in med school in BHM. He and some friends rent a 4-BR house in Homewood. Will start residency in June of 2026. My middle child is in Auburn’s Speech Pathology Master’s program and will graduate in May of 2025. She lives with our youngest in our condo in Auburn. The youngest is engaged to be married next June and is in Auburn’s undergrad education program and will also graduate in May of 2025. So, none of them are making any money right now, but we will have them mostly off our payroll in the not-too-distant future.
This post was edited on 10/18/23 at 12:51 pm
Posted on 10/18/23 at 1:10 pm to fareplay
son is a lawyer, returned back to the home area after law school to practice
This post was edited on 10/18/23 at 2:40 pm
Posted on 10/18/23 at 1:14 pm to fareplay
My son is a computer engineer living in West Palm Beach. Works for NextEra energy/utility company.
Posted on 10/18/23 at 1:23 pm to fareplay
Son1 is an engineer.
Son2 does some sort of construction testing that I don’t understand
Son3 is in the Navy, air traffic control, and is finishing his degree
Son4 does IT for a school system and is finishing his degree.
Son5 is in college.
Son2 does some sort of construction testing that I don’t understand
Son3 is in the Navy, air traffic control, and is finishing his degree
Son4 does IT for a school system and is finishing his degree.
Son5 is in college.
Posted on 10/18/23 at 1:24 pm to fareplay
IT Tampa
Posted on 10/18/23 at 1:34 pm to fareplay
Oldest daughter is a elementary teacher in Dallas. She had a calling to save the world. 1.5 years later, she is getting out. Or at least moving to a suburban/rural district.
Son is still in Jr high. There are days where I worry about that baw.
Son is still in Jr high. There are days where I worry about that baw.
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