Yeah, that’s exactly what I meant by it’s both a lot and nowhere near enough. I also work in tech and I know I earn more than most, I own a duplex, I max my retirement accounts every year. I have well over the $130k, but I’m still 20 years away from having enough to retire. It’s crazy that we have to essentially be in the top 10% of earners in the country to feel like we can actually retire one day. The system is fundamentally broken.
Yep. I struggled for years doing desktop and helpdesk work for fairly low pay. When I finally caught a break and started making “decent” money (aka, around $65k) I was happy initially, but costs kept rising, and at the time I got upset because I realized I could buy toys and amenities, but still couldn’t afford stuff that mattered, like a house or saving for retirement. Financial stability was still an illusion.
Now I earn double that, and I’m careful with money, and it’s still going to take a large amount of care and planning to make retirement possible and pay off the house. Shit’s not easy, and I particularly sympathize with people starting out today, it seems like entering any field but particularly IT now is harder than it’s ever been.
And that’s without the fuckhead in chief constantly sowing economic chaos like he’s speed running American collapse any %. It’s probably only going to get harder from here.
Yeah, that’s exactly what I meant by it’s both a lot and nowhere near enough. I also work in tech and I know I earn more than most, I own a duplex, I max my retirement accounts every year. I have well over the $130k, but I’m still 20 years away from having enough to retire. It’s crazy that we have to essentially be in the top 10% of earners in the country to feel like we can actually retire one day. The system is fundamentally broken.
Yep. I struggled for years doing desktop and helpdesk work for fairly low pay. When I finally caught a break and started making “decent” money (aka, around $65k) I was happy initially, but costs kept rising, and at the time I got upset because I realized I could buy toys and amenities, but still couldn’t afford stuff that mattered, like a house or saving for retirement. Financial stability was still an illusion.
Now I earn double that, and I’m careful with money, and it’s still going to take a large amount of care and planning to make retirement possible and pay off the house. Shit’s not easy, and I particularly sympathize with people starting out today, it seems like entering any field but particularly IT now is harder than it’s ever been.
And that’s without the fuckhead in chief constantly sowing economic chaos like he’s speed running American collapse any %. It’s probably only going to get harder from here.