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It's literally true, even without dreams or stock option bets, that many tech workers are temporarily embarrassed millionaires. The source tweets are by an Amaz
by SpicyLemonZest 2y ago
It's literally true, even without dreams or stock option bets, that many tech workers are temporarily embarrassed millionaires. The source tweets are by an Amazon VP; an Amazon SWE salary with even moderately responsible spending is enough to retire as a multimillionaire.
- recursivecaveat 2y agoI mean, the steinbeck quote is from 1960.. You will need probably ~$30 million dollars at retirement if you are 30yo today to retire as a 1960s millionaire.
- SpicyLemonZest 2y agoThe Steinbeck quote from the 1960s said "temporarily embarassed capitalist". Someone who has "entrepreneurial dreams" or is "at start-ups for the stock options", hoping to get wealthy through appreciation of their equity ownership, is unambiguously a capitalist. "Millionaire" was added in a 2004 misquote by Robert Wright, and $1 million in 2004 dollars is about $1.7 million in 2025 dollars.