Whats a good income for your age?

2»

Replies

  • Jazz_Hands
    Jazz_Hands Posts: 55 Member
    It all depends on the field, geographical location, and education required. For an example: an M.D. living in Manhattan would have a vastly different definition of "good" than a legal assistant with an associates degree living in rural Nebraska might.
  • Tight_Fit
    Tight_Fit Posts: 453
    I was an engineer at a nuclear power plant.

    so hot

    I would flirt with you, but I'd rather seduce you with my awkwardness. :smokin:

    My guess is you were working on isotope separation of the 238 while forcing gaseous uranium hexafluoride (hex) through semi-permeable membranes

    :laugh: Child's play. My work was classified.
  • NormInv
    NormInv Posts: 3,303 Member
    It all depends on the field, geographical location, and education required. For an example: an M.D. living in Manhattan would have a vastly different definition of "good" than a legal assistant with an associates degree living in rural Nebraska might.

    why dont you say your expectations for those two extremes then?
  • NormInv
    NormInv Posts: 3,303 Member
    I was an engineer at a nuclear power plant.

    so hot

    I would flirt with you, but I'd rather seduce you with my awkwardness. :smokin:

    My guess is you were working on isotope separation of the 238 while forcing gaseous uranium hexafluoride (hex) through semi-permeable membranes

    :laugh: Child's play. My work was classified.

    ohhh....janitoial
  • tycho_mx
    tycho_mx Posts: 426 Member
    well, it's not just age. It's location, assets, and liabilities!

    If you make 75k a year, but have 400 sunk in consumer debt...well, not that good!

    There are a few online guides for this, how much of your income should be spent on housing, transport, food, etc.

    In my case, before finishing university I was making good money working for a multinational as a co-op/trainee and living with no expenses at my parents' place. Then I started my graduate degree abroad on a scholarship, savings and some support from my parents. That was a tight-belt time, about 25K /y for two years, but my expenses were 15k for tuition, and the rest for housing and food. I was pretty cleaned at the end.

    After that doing the postgrad rounds, about 20K/y or less. That's little for an engineering degree, but that's what you get when you are working on residence and good business contacts. Then a couple of jobs later to 40K and 65K a year. Finally I've caught up with my wife's income (exact same graduate degree) at around 90K a year, mid 30's. So finally the investment in education is paying off.
  • Jazz_Hands
    Jazz_Hands Posts: 55 Member
    It all depends on the field, geographical location, and education required. For an example: an M.D. living in Manhattan would have a vastly different definition of "good" than a legal assistant with an associates degree living in rural Nebraska might.

    why dont you say your expectations for those two extremes then?

    My definition of "good income" is whatever it takes for you to take care of your financial obligations and afford reasonable luxuries without going into debt, while also being able to invest/save for the future.
  • shinkalork
    shinkalork Posts: 815 Member
    twice what i make + more - taxes + bonus
  • Tight_Fit
    Tight_Fit Posts: 453
    I was an engineer at a nuclear power plant.

    so hot

    I would flirt with you, but I'd rather seduce you with my awkwardness. :smokin:

    My guess is you were working on isotope separation of the 238 while forcing gaseous uranium hexafluoride (hex) through semi-permeable membranes

    :laugh: Child's play. My work was classified.

    ohhh....janitoial

    Worse, I just got everyone's coffee. :laugh:
  • NormInv
    NormInv Posts: 3,303 Member
    I was an engineer at a nuclear power plant.

    so hot

    I would flirt with you, but I'd rather seduce you with my awkwardness. :smokin:

    My guess is you were working on isotope separation of the 238 while forcing gaseous uranium hexafluoride (hex) through semi-permeable membranes

    :laugh: Child's play. My work was classified.

    ohhh....janitoial

    Worse, I just got everyone's coffee. :laugh:

    now thats real hot! woof! you get single, you call me, you hear?
  • NormInv
    NormInv Posts: 3,303 Member
    It all depends on the field, geographical location, and education required. For an example: an M.D. living in Manhattan would have a vastly different definition of "good" than a legal assistant with an associates degree living in rural Nebraska might.

    why dont you say your expectations for those two extremes then?

    My definition of "good income" is whatever it takes for you to take care of your financial obligations and afford reasonable luxuries without going into debt, while also being able to invest/save for the future.

    paying the bills is not enough. you should be able to fly your chihuahua in first class. period.
  • Tight_Fit
    Tight_Fit Posts: 453
    I was an engineer at a nuclear power plant.

    so hot

    I would flirt with you, but I'd rather seduce you with my awkwardness. :smokin:

    My guess is you were working on isotope separation of the 238 while forcing gaseous uranium hexafluoride (hex) through semi-permeable membranes

    :laugh: Child's play. My work was classified.

    ohhh....janitoial

    Worse, I just got everyone's coffee. :laugh:

    now thats real hot! woof! you get single, you call me, you hear?

    Keep that up and they'll have to create a fifth fundamental force just for us. :wink:
  • kwiatrtdy
    kwiatrtdy Posts: 383 Member
    Myself and my partner scrape by on about £12,000 each, both working full time. We're comfortable but certainly couldn't survive on anything less. So really anything above that is a bonus!
  • NormInv
    NormInv Posts: 3,303 Member
    Myself and my partner scrape by on about £12,000 each, both working full time. We're comfortable but certainly couldn't survive on anything less. So really anything above that is a bonus!

    you;re feeding your mice cookies for crying out loud
  • NormInv
    NormInv Posts: 3,303 Member
    more answers?
  • Jonesingmucho
    Jonesingmucho Posts: 4,902 Member
    2.8 million dollars






    ...wait....

    The lottery is up to 3.2 million dollars!
    Ok that's my Final Answer....
  • Booksandbeaches
    Booksandbeaches Posts: 1,791 Member
    Double my salary

Categories