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> I save over 50% of my income but I don't make anything close to $300,000 so yea, taking a whole year off would be a big chunk of my savings. There is somethi
by agf 5y ago
> I save over 50% of my income but I don't make anything close to $300,000 so yea, taking a whole year off would be a big chunk of my savings.
There is something wrong with this piece of information. If you really save 50%, then taking a whole year off will only wipe out one year of savings, no matter what you make. So if it's a large part of your savings and you're really saving 50%, then the problem is you've only been saving for a couple of years. Having a higher income just makes it easier to have a higher savings rate, it doesn't change the math on how many years you have to save to afford the time off, given equal savings rates. You might want to re-read my other comment: https://news.ycombinator.com/item?id=27126783 https://news.ycombinator.com/item?id=27126783
> I guess I need to try and find a job where I'm making $300,000 lol. Do you have some niche specialty or is that literally just a standard rate?
It's a standard rate for someone who was a senior engineer then got promoted two more times, I guess. I don't have a niche specialty. And I expect to (and have planned for) making less at my next job, and potentially for the rest of my career.
- rubicon33 5y agoWell, my guess is that isn't only "standard" at the big FANG type companies (PayPal and other goliaths in the bay area included). I could be wrong but, I don't think that's standard pay for the vast majority of software jobs in the bay area, whether it be at smaller startups or more old school traditional software companies.