Is the jump to a major fund worth the loss of a peaceful life? I’m at a small regional bank, and while the pay is decent ($140k total comp), I think I hit a ceiling. I see people making $300k+ in similar roles at major firms in Chicago or New York. I’m wondering if I’m actually underpaid or if those mega-salaries are just outliers that come with 90-hour weeks. I do value my 9-to-5 schedule. FOMO is just starting to get to me.

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High salaries are the result of obvious factors, one of which is location. In a high cost of living area firms will have to pay more to attract top talent. And when we're talking top talent, they can be selective and hire people who attended prestigious schools and have impressive experience. The workloads can be intense, but we're talking major league action, after all. If you've got FOMO there's one solution, try to make the jump into one of those positions.

You value your 9-to-5. You said it yourself. So the real question isn't "is 300k worth it?", it's "how much of your life are you willing to sell for an extra $160k before taxes?" Because that's the trade. If the answer is "quite a lot," go for it. You can always come back. But if you already know that's not true for you, tune out the FOMO noise. "Grass isn't always greener" and all.

It depends on what you want when it comes to work life balance. The cost of living makes a difference too that’s why people’s salaries varies by location

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