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Re:Quitting the Rat Race by angarg12 on Tuesday January 17, 2023 @12:25AM (#34409435)
I'm a senior eng at FAANG nearing my 40s, so according to your napkin math I should be a millionaire.

Of course is not that simple. I won't bore you with my life history, but I spent most of my career living paycheck to paycheck, and only got a high paying job recently. With the double wammy of moving to the US and stock plummeting, my life savings are paltry. I'm still renting and I project it'll take me 2-3 years to save for a down payment.

In fact I'm confident that if you graduated 3 years ago and have been working in tech in the US, you'll likely have more wealth than me.

Re:Quitting the Rat Race by kirso on Thursday January 19, 2023 @09:18AM (#34440489)
I would say this is pretty normal. Everyone thinks about life and salary and a linear path to wealth, but its not true.

Not everyone stick in a company for 10 years. Some take sabbaticals, some have medical bills, some go travel for 2 years.

I was earning peanuts up until my early 30s. Also if you are not in US and not in Tech which is lets face it, majority of people - you are nowhere near these numbers.

Survivorship bias at its finest.