{ "media_type": "text", "post_content": "For those that joined consulting post-undergrad (“analyst” roles), how much of your post-tax income do you save?\n\nI’ve heard 20-30% of post-tax income per mo (so excl. year end bonus) is good in SF/NY", "post_id": "5c462947c27f6d00186cf8e2", "reply_count": 8, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

For those that joined consulting post-undergrad (“analyst” roles), how much of your post-tax income do you save? I’ve heard 20-30% of post-tax income per mo (so excl. year end bonus) is good in SF/NY

like
Posting as :
works at
You are currently posting as works at

50% ... gotta love secondary markets

like

I make around $4,875 after tax in NYC. I save around $2,450/month.

like

Yeah rent + electricity is $1500/month. Then I travel every week so pretty easy to only spend $200-250ish per weekend

like

Similar to A1, I make ~$4,900 a month after tax in NYC and manage to save about 50% for retirement and savings. For context I pay about $2,000 in rent and utilities.

like

I try closer to 40%. If you’re right out of undergrad odds are you’re going to spend it on stupid stuff anyway

55% in Boston. Maxing ESPP, Roth IRA, 401K and putting $200 into a high yield savings account each month

Related Posts

Have a potential freelance to full time offer coming in that I’m excited about. Small company. The project manager emailed me asking my day rate and full time salary desires but...

like

Recruiter said I’m off put by your salary range & I responded that everyone has their priorities. Did she think insulting me was going to get to work for Infosys? 🤦🏻‍♀️🙄😒

funnylike

Besides compensation and other benefits, what are some of the reasons that make you want to stay with your firm & practice? Looking for innovative ideas to keep my team engaged and growing.

like

Decision - I was out the door of my nationwide ins dfense firm. Was going to top local firm with a lot more clout where everything would be private pay and I’d be more on bigger exposure cases. However, my firm outmatched the new firm, made a much better bonus structure, and said I could do more work with their complex bus lit group. I’d still likely do about 50 percent ins defense but I really like the partners I work for, and I handle own cases/take depos, and get autonomy. Am I right to stay?

like

What’s a rough estimate of starting salary I could expect at Deloitte as a senior consultant? I feel like Glassdoor is probably outdated given the fast rising inflation

likesmart

KPMG 🐟 - what is the business support services practice area? any idea about manager level salary, career trajectory, and work life balance?

like

How much should I expect to get after 2 years in advisory in NYC? Recruiters keep asking me what salary range I’m looking for and I have no idea what’s reasonable to say

like

I have 2.5 yrs of experience at IQVIA and was offered the role of analyst at Novartis , how many years of experience is necessary for Sr analyst position and how much salary can one expect for Sr analyst position?

like

Days when all you have to do is comp with no one bugging you for stuff🙏🏻

likehelpful

Thoughts on Strategy&’s Enterprise Strategy team? Culture, comp, growth, etc.? Thanks.

like

Experienced hire Manager here, informed before Christmas that I’ll be taking another lap but not because of performance (5/5 on scats and all operating at next level) or metrics (22mm in MR) but the only reason is I need more time in the “saddle”… During this time, I’ve been replying to recruiters and after a PPMD interview last week, I was offered an SM role at a smaller firm with a base pay increase of 45% (225k) over my current salary. Very much considering this… thoughts?

like

Recommendations for a beginners surf camp anywhere in the world? Bonus points if it also has other activities (yoga, horseback riding, sailing etc) and I don’t have to speak Spanish. Thank you!

like

Question on RSUs from tech companies: When the comp includes $100k RSUs vesting over 4 yrs, is it a norm that you are awarded $100k worth RSUs at the end of every yr you stay? I.e. you get full $100k (minimum) from yr 4 and beyond? Got an offer from a large tech firm with an equity comp of $100k RSU (4-yr vesting) in year 1 but only 30-50% ($30-50k) are awarded each yr (vesting over 4 yrs) from yr 2 onwards. How are RSUs from FAANGS structured for these positions - Product/Sales/ financ

like

Hi Everyone! I’m an S1 doing business tax. I’m looking to transition into either M/A tax or transaction tax next year. I have about 2.5 years of experience in core tax. Any insight (WLB, salary, general trend) about either of them for someone in NYC? Thank you all! I appreciate it!

likehelpful

Hi EYP fishes, How is the bonus % at EYP at M and SM level is it above 10% annually?

like

What cities would be best to live in if your base salary is under $100K?

like

Anyone know salary range for associate director CAS team at kpmg?

like
like

What would you rather have instead of negligible salary increases?

like

Switch to another consulting firm for 20-25% raise + bonus but same level (manager) or wait for promotion at EY this year but still less money. Doesn't look like EY will match the competing offer.

like

Additional Posts

Hi Fishes-- need your suggestion, WIPRO Vs Cap gemini.. YOE 13 yrs. Wirpo - 26lpa (10% variable pay) + 1L JB and amending my H1B petition. Capgemini - 27lpa (10% variable pay) , no JB. How is Barclays account in CG. Comparing on WLB and job security.

like

I gave notice because I am moving to another state for personal reasons and now my boss wants me to be fully remote. At first he was 100% ok with me being fully remote but now he is discussing dropping my pay 50% to allow me to be remote. Like no... am I right to consider that absolutely wrong given that I would be doing literally the same job I have been doing and putting in the same hours as anyone else? I was remote already throughout Covid so idk what the issue is now

like

Any Program/Project managers in Austin/Texas? Would love to find a job opportunity outside of consulting, I feel so drained in this industry. Currently a 2nd year in strategy & consulting. I have many certs displaying my knowledge in data & data analytics. Background is in engineering management.

like

I am applying to roles in a new industry (medicine) , how do I help these folks understand the competitive and challenging environment I come from? Almost how do I humble brag 😅? I don’t think they understand the prestige.

funnylike

I’m having a major surgery this week and my sister told me she couldn’t make it because she does have enough vacation days left for the year and she wants to save them in case we go on vacation later in the year. I’m livid.

likefunny

From my high school/college job at a county I have a 457(b) that has $5,215 in it with an ARR of 2.18%. It’s not much, but I am trying to figure out what the best thing to do with it is: leave if there until retirement, cash it out w/ no penalty but income tax, or roll it over into I assume an IRA. Any advice would be appreciated! (My current job has a pension and I pay extra into a different 457)

like

Third interview at an agency I really want. It lasted 30 minutes, and ended with a handshake and a “we’ll be in touch.” Why do I feel like something went wrong?

like

With a production tax credit (PTC) does the client also have to reduce the basis of their asset with the credit?

like

How much time do you get each week for lesson planning and preparation?

likesmart

Anyone tried the new Sanctions Certificate (CGSS) offered by ACAMS? Trying to see how difficult it is considering I don't have a lot of experience with sanctions compliance. I have CAMS & work in AML

like

Have a potential freelance to full time offer coming in that I’m excited about. Small company. The project manager emailed me asking my day rate and full time salary desires but...

like

New to the freelance world- what project management, time tracking app or website do you use? Getting booked on projects run from a few hours to a few weeks with very different hourly/daily rates. I’d like to have a way to track my time and evaluate projects/clients I work with, in order to prioritize work later.

like

Recruiter said I’m off put by your salary range & I responded that everyone has their priorities. Did she think insulting me was going to get to work for Infosys? 🤦🏻‍♀️🙄😒

funnylike

Any insights on QE international arbitration? I’m particularly interested in culture and workplace environment. Thanks!

like

I'm so preoccupied with the election that I can barely concentrate on work. Please post a victory, however small, that happened in your classroom recently...

like

Any pregnant or recently pregnant ladies out there? How did you get comfortable enough sleep in hotels? Extra pillows? I feel like a whale...

like

Is it possible to work 2 jobs while WFH for a month while I switch between jobs? Anyone done it?

like

Thinking of getting an AirPod, can I expense it using the well being or accessory allowance, if there is such a thing

like

Besides compensation and other benefits, what are some of the reasons that make you want to stay with your firm & practice? Looking for innovative ideas to keep my team engaged and growing.

like

I've got an upcoming interview for data science manager at PwC. Can anyone share any insights on the application process, and details about the grade/remuneration at this level? Not familiar with big 4

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal