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No. Well, it depends. How much would you make otherwise?
The biggest determining factor of happiness in life is your choice of a mate. If you make more than $200k, you’ll be fine. But Depending on your profile and your socialability, dating in your 30s may or may not be difficult, and may or may not take a long time. Don’t go chasing that last dollar and give up a good personal home life.
Here’s one thing I learned from an older mentor. Think about how much time we spent recruiting and looking for jobs in school and afterwards. Now how much time do we spend intentionally dating? Why is the former often so much higher than the latter, when within a certain income range, the latter is so much more important to long term joy?
Hmm yeah I feel like in my last relationship, I wasn’t fulfilled by my career which contributed to our relationship weakening
Once you make more than $300k, there isn’t much difference making $300k to $600k. You can afford all you want. However, having the right partner in life makes a HUGE difference to your happiness and achieving your goals. If you plan to have a family, having the right partner is much more important.
Just curious, what are you trying to afford, M1?
Do it. Once you're a millionaire you can attract a younger woman no prob.
This user is actually Charles Schwab the founder and CEO
What job do you have a choice of making 600k? At that range you either make 600k doing one of the best lawyers or doctors in the. Country, or you don’t. Everyone. I mean everyone, that makes 600k is the best at what they do, and don’t have to settle for anything less. Exception of course for the arts ( actors, artists) or the self employed. Nono w truly has a choice of making that kind of money. Most people will never be able to make that.
I’m at LEK and it’s a bit higher than 600. Friends at MBB are similar
You’ll never go broke chasing after money whereas one could go broke chasing after women.
You are trying your best to read more into what I said. Here you go…there is no downside to chasing $ but I gave 1 possible downside to chasing women. Nothing more nothing less
I'd do it. But I'd quit right at 30 and make sure I live and save frugally in those rough years.
And after quitting, take at least 3 months off to reset and decompress.
If he hates it enough, it might not be so hard. The hard part might be lasting 3 years. But otherwise yeah, money can make people do crazy things..
Wheee do you work and what do you do?
Investment banking
A few considerations, one of which is referenced above:
What is the alternative comp and balance?
Will you progress to a role at the same firm with better comp and balance and after how long?
Also know that 50-100k increases at this level do not feel significant, maybe due to taxes, little change in lifestyle, etc.
If you recently broke up with someone it might make sense to focus of work for a few months to give you time to reset and get your head right, but there is no reason to throw away years grinding for extra money that you probably don't need. If you live like an average person (or even above average at that salary) you can already save enough to be able to retire by your mid 40s. Take a vacation with some friends and be honest with yourself on some bigger questions. Do you actually like your job? If you had enough in the bank to never work again, what what you do with your time? What do you want in a partner? Who do you really want to be? It seems like you've already figured out money, take some time to figure out the rest.
Do it now and by 45 you probably will have enough money to retire.70hr work is normal in many developing countries that includes hard labor and very little money. 600k only few can dream of at that age!
On having kids at 45….do consider that sperm quality begins to break down at 40.
No, jobs will come and go, never let your personal life and relationships go! You will be much happier, you may end up with more money and less work after all ;)!
Grass is always greener I find
Can anyone show me how to make 600k a year geeze
Whatever I can... I went broke already trying to start a business and went through hell....im willing to do whatever to achieve greatness. Im
If works makes you happy and you don’t have fomo who cares but I do think this whole mantra of becoming a millionaire and then finding a young broad to settle down is not realistic. I’d even venture to say it’s unattractive to most of the people I know. I find it rare that I find someone my age in their 20s dating mid 30-40 year olds. And the girls I do are the biggest walking red flags I’ve ever met…then again that’s not a definite thing there are plenty of women out there but be realistic here. Quality starts to evaporate. I was in wealth management and the people making the most money that weren’t business owners were so miserable.
Sure but you can do that stuff without working 80+ hour weeks. All personal preference really, don’t think there’s a right or wrong preference. Sometimes people change their perspective on things as they grow older
Omg. WHAT job title pays $600k? And man, I bet that gf is kicking herself now. Move forward and you will have money and love. Stop doing the job if it negatively impacts your health on any level tho.
Think it’s too late now, I’ve come to accept it
If I could do it all again... Don't focus on the specific job. Make sure you enjoy the work and build your skills. Take a six to twelve month break every 10 years or so. I "retired" at 45 due to savings and good fortune. But after a few years, I missed working.
Make sure you are looking for a good partner, when you can. When you find her (him), figure out if you need to work less to make your relationship work. Adjust accordingly. It's easier to find a good job than a good partner.
In short, take the high paying job now. But, if you find a good partner, be prepared to change jobs.
My $0.02: pretty sure nobody on their death bed has ever said "I wish I worked more." Obviously making more money is good, but don't lose sight of what is truly most important to you. By all means, go get that money. But if it's at the expense of your health, personal life or relationships, make sure that's what you really want.
You are young for that position, but the hours are bad for anyone of any age. If the pay is worth the position, then you might have to settle for it, or learn how to manage better, or delegate more responsibility to those beneath you in rank. LinkedIn has courses in management and running a business, so that might be something that could help you run things more efficient, just be certain to take good notes. I'm sorry about your girlfriend, so for right now take some time to heal yourself with therapy.
Do it!! Take the 600k job! No one knows what the future holds. You don’t know if you will have these types of opportunities in the future. Most of all, save that money. You can be financially independent before marriage and kids. Good luck!
Do it while your young and don’t have a family, then at that point you do, take your foot off the gas a little
Yes… but still find time to have fun… find a spouse etc.