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> Particularly at FANG/startups that have exited, they can "FIRE" after less than 10 years of working. I know many people in this category. Less than 10? I wou
by oarabbus_ 5y ago
> Particularly at FANG/startups that have exited, they can "FIRE" after less than 10 years of working. I know many people in this category.
Less than 10? I would need to know more details on this before believing it at face value. Say a FANG person makes 300k/year on average over 8 years.
That's 2.4 million pre-tax, something like 1.4M post-tax, and not enough for FIRE for most people.
Maybe if someone was early in a startup that had a massive exit, sure. But that definitely doesn't describe the typical FIRE person/FAANG worker/etc.
- sadfasf122 5y ago300K is on the lower end of salaries, esp. over 8 years. This is also just run-of-the-mill individual contributors that got in very late. Early employees, senior/leads/managers/directors/vp will make substantially more. You're also assuming they did nothing with their earnings over those 8 years - when in reality most are invested in the markets which have killed it over the last decade. I think people in tech are making a shitload more money then most realize.
- oarabbus_ 5y agoGoogle's median salary is $240k. $300k isn't on the lower end it's above average (above median not mean).