Earlier quoted context omitted.
You are describing an outlier of an outlier. To follow your advice our developer has to have well above average skills (250k salary would be relatively senior even at FAANG), be single and live in a share house for 15 years (50k would cover rent for a family in areas with high tech salaries, nothing else) and the tech sector has to remain strong for 15 years (looking back 2004 was 4 years before the financial crisis…
> 250k salary would be relatively senior even at FAANG Not at all. I joined a FAANG company less than a year ago, am not a software engineer, and I'm at about $250k. Senior software engineers are closer to $400k-$500k. See levels.fyi. EDIT: You mentioned salary, but I think you're referring to total comp. Base salary at these companies is indeed lower than $200k except for non-senior positions.
Total comp is great and all, but unless you're liquidating immediately after you receive a grant then you're adding another variable into the mix of things that need to go right.
And the stock portion of your comp being valuable is dependent on the company doing well. True for FAANG, but that's only because by definition that group is the companies that are doing well!
A $200K equivalent RSU grant spread over four years could end up being worth 20K a year or 200K a year, depending on whether you get lucky or not. Remember that the biggest tech companies 15 years ago included Dell, Delphi, Cisco and Yahoo.