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You will probably be retired for thirty years. Public employees are getting paid for those years, techies aren't. I have a relative who is retired CHP. $200k a
by claydavisss 8y ago
You will probably be retired for thirty years. Public employees are getting paid for those years, techies aren't.
I have a relative who is retired CHP. $200k a year total retirement benefits. Show me a rank and file Googler who has that lined up.
Typical techie trajectory will be maximum salary around age forty and then increasing irrelevance
As I tell everyone in tech now - imagine 64. It's coming.
- pinewurst 8y agoDo the likes of CHP still promise that kind of pension? I have a relative who's retired civil service in Southern California and there was a big dropoff in plan quality after his era.
- cjhopman 8y agoVery, very few retired CHP are getting $200k/year. The average CHP pension is <$100k/year and is worth $2.6 million. Only about 1000 retired CHP are getting more than $100k/year. The average Googler should be making 300-400k+/yr after 5 years. If that Googler is willing to live on a CHP salary for 30 years, it should be trivial to have saved well over $2.6million. They should, in fact, be able to save well over double that over 30yrs giving you the equivalent of that $200k a year in benefits.
- claydavisss 8y agobullshit that the "average" googler is making $400k after just five years, come on, thats just fantasy football. remember Google employs people like HR and Accounts Receivable and lots of rank-and-file tech there's really nothing more to do than come back here in twenty years and comment on what will be a flood of stories with titles like: "Ask HN: was once a staff engineer at Google but since I turned fifty no one will hire me and all new jobs require fluent Mandarin. I'm running out of money, advice?" The typical HN reader at this point hasn't even experienced a downturn.
- deleted 8y ago[deleted]