Re:Ask HN: What steps can I take to earn $250K+?
by mancerayder on Friday July 13, 2018 @12:32PM
(#17524387)
You can also go the consulting route. 250k regular job with benefits is about $250/hr as an independent consultant but it's harder to continuously get companies that will pay that. Also, technology shifts and it's harder to always be the expert that companies want to hire at that range.
Well, you can also get a stable, steady gig that pays 125/hr on 40 hrs a week and that's your 250 right there.
Downsides: sick == no pay, no healthcare included (blame American laissez-faire free market health care).
Pros: you have money, you have a life.
One non-existent con - less job security as a consultant. That's nonsense by those who prefer you work 50 hour weeks as an FTE.
edit: one more pro is deductions if you're going through your corporation and a chance for a blanket 20% deduction (we find out from the IRS end of July whether it applies to pass-throughs like ours).
Well, you can also get a stable, steady gig that pays 125/hr on 40 hrs a week and that's your 250 right there.
Downsides: sick == no pay, no healthcare included (blame American laissez-faire free market health care).
Pros: you have money, you have a life.
One non-existent con - less job security as a consultant. That's nonsense by those who prefer you work 50 hour weeks as an FTE.
edit: one more pro is deductions if you're going through your corporation and a chance for a blanket 20% deduction (we find out from the IRS end of July whether it applies to pass-throughs like ours).