Earlier quoted context omitted.
Doctors and lawyers have created their own barriers to entry via the AMA and Bar Association. Honestly, I don't think I've ever met a decent software engineer that wouldn't have the intelligence to make it through either medical or law school, should they apply themself. OTOH, I've met numerous doctors and lawyers that would never be able to handle the typical high-level math and CS courses a decent undergrad require…
Developers can retire by late 30's if the wages right now keep up with inflation. Using conservative Google compensation: 22 yrs: L3, $160k total comp 25 yrs: L4, $210k total comp 27 yrs: L5, $260k total comp 32 yrs: L6, $320k total comp 39 yrs: L6, $320k total comp Averages: 22-25: $180k avg 25-27: $230k avg 27-32: $280k avg 32-39: $320k avg 3 * 180 + 2 * 230 + 5 * 280 + 7 * 320 = 4.64 mil 4.64 mil * 0.6 (taxes/FICA…
Re: What Software Engineers Earn Compared to the General Population
#161Wow, that is incredible short-sightedness. I saw comparisons like this back in 1999, before the industry fell apart. Before a generation of companies went under. Before stocks fall and render the total comp just cash comp. before you get pushed aside due to age discrimination.
Also, one health-related event will wipe out a quarter of that nest-egg. You cant really retire...