Oh, ok then.

… this is fine …

A $480k annual base salary for an average employee is mind blowing.

Add another $500k in stock options on top of that, and most of these folks shouldn't have to worry about their future even if we reach RSI and ASI.

You’d be surprised how quickly that money is spent in the Bay Area considering taxes, housing costs, and childcare for parents.

If you are living paycheck to paycheck on $480k/yr comp you're doing something wrong. Even in the bay

that's just enough to get the nice spot under the bridge

bro

Absolute cinema.

Nonsense

$480k base. Lets assume you're the only income but still have to pay childcare (single parent)

Take home $22k a month

$10k on a swanky place like

https://www.zillow.com/apartments/san-francisco-ca/490-avenu...

or

https://www.zillow.com/homedetails/727-Moraga-St-San-Francis...

$3k on childcare https://familychildcaresf.com/child-care-san-francisco/

Leaving $9k a month

$9k a month is still more than I have ever dreamed of making and that's after housing and childcare?

Insane

$9K/mo translates to a little over a hundred grand annually. That's not that much in our industry.

That's $9k/mo free spending _after_ taxes, _after_ childcare, and _after_ exorbitantly luxurious housing.

young cosmopolitan tech workers are not particularly likely to have children.

I make it work with 420k combined income, and I’m able to save 20% (with a kid on the way not sure how this will change but that’s also why we have been saving aggressively prior).

You don’t need to send them to private school and rent a swanky place or buy a 2M home. You can get things below the median and it’ll be ok, you’ll live.