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If you're making that good already and working in tech, I doubt it will be hard for you to reach that target income. Keeping up with the latest technology, lear
by pm90 9y ago
If you're making that good already and working in tech, I doubt it will be hard for you to reach that target income. Keeping up with the latest technology, learning skills and delivering on projects has got me very far in my professional career, and I've worked with Senior Engineers who continue to do engineering and switch jobs (although perhaps less frequently since it means changing a lot of things).
I guess what I'm trying to say is: financially, you are likely to be OK, if you manage to have a spouse that will be a good partner and you both stay together while bringing up the kids (and that is a BIG IF). It get VERY dicey if you do split, in which case you have to pay for spousal and child support (I've seen this happen wayy too many times).
Which brings me to what has been my most important realization perhaps: be VERY VERY careful when you choose your spouse and how you combine your finances. I'm not saying that you spouse will be bad; but statistically it seems like there is a 50% chance that it won't work out, for whatever reason. This can ruin your finances. So spend some significant time and effort to try to make the right decision there. This is kinda hard when society emphasizes getting married and having kids ASAP.