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> But here we're talking about people who made at least 300k a year, possibly up to a million. Those who stayed for few years likely never have to look for anot
by gundmc 4y ago
> But here we're talking about people who made at least 300k a year, possibly up to a million. Those who stayed for few years likely never have to look for another job even again. The ones who didn't might still take few years sabbatical.
Are you suggesting that working "a few years" earning $300k in a high cost-of-living area means you likely saved enough money to never need to work again? Or are you suggesting that someone with the skills/experience working in a position that did pay that much for a few years will find it trivial to find another job?
- glogla 4y agoI am suggesting the former. Safe withdrawal rate from investments is usually considered 4 %, so each 100k invested makes you 4k a year. A few years at FAANG, assuming you don't spend it all, will give you idle rich lifestyle before thirty.