It will never be the same again

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I’m not sure what this graph is really saying. Is it inflation adjusted?

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Guessing it’s purchasing power - recently looked at some online calculators that adjusted wages from past years to the present. You can also find median income. I calculated that my grandfather’s business produced the equivalent of $2.5M in purchasing power annually in the 1930’s during the Depression. Get this, he butchered and sold roasted pigs!

With his profits he bought rental properties and eventually sold his meat market. He also took the whole fam and spent a year living abroad…

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No but you should look in relevant dollars as no generation in history from a pure purchasing power or overall dollars have ever been paid even 40% of what millenials and Gen Z are getting.

They are staggeringly well paid far younger than any generations in the history of the world

My grandparents (now passed away) bought their home in HI for $1200. Today I doubt you could touch a SFH for less than $1M in the area.

In the 1950’s my FIL bought 40 acres in MI at less than $10 an acre. Today the hunting property - still no power nor septic - is worth over $100K.

Now run salaries for millenials and Gen Z vs previous generations, interest rates are still be,ow historical norms and these are by far the best paid 2 generations in history with staggering buying power

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The hotter the planet grows, the less children are learning - PBS NewsHour

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How long do you give a staff 1 leniency for going through that "learning phase"?

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Received RFE for H1B transfer (changing jurisdictions) - curious to know if anyone else in biglaw has been in this situation?

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What percentage of associates meet the billable hours requirement at your firm?

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Hi Project Managers. I'm starting to build a SaaS product and as a non-technical founder, I'm having issues with how to get started so I wanted to see if you have any advice when it comes to managing the project and how to get started. I'm going to be recruiting a couple of programmers and a technical founder really soon so if you guys have advice with that as well I would really appreciate it.

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Any agencies that aren’t laying off people and looking to bring on a designer? 😭🤞🏽
Or any recruiters that are worthy!

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I wish I could set myself to autopilot today 😴

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Anyone make the jump from D to Booz? Thoughts?

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Additional Posts in Over 50 in Consulting

Feeling like my life is racing by being on the road 20 years, and saddens me that when I get home tonight my SO leaves on a business trip.

Has anyone here ever tried negotiating “at will” employment terms in the US? I’m curious what specific terms folks have asked for and how the potential employer reacted.

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My observation is that it is hard for consulting partners to land the quality public or private board roles everyone naturally targets. Despite there being a significant amount of exceptional talent that could be deployed, there is a big bias against consultants. Everyone wants “operators,” but I feel every board could also benefit from one current or former consulting partner. But sadly, that’s not the way the external world looks at things...

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Would you date a 30 year old? If so, why?

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Any thoughts on the put down, “Ok, Boomer”
??

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At what age did you exit Consulting? Do you think all the traveling has affected your health adversely?

53 here and thinking about the future - looking at a major decision point at 60 and then seeing where I am at that point. Opinions and plans on transitioning to “the next phase”?

We're aiming to live long enough to spend it all. If we die younger there is a substantial estate and only nieces and nephews. I have three topics that I'm requesting your thoughts on before I engage an attorney;

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S/O, kid and I getting the Pfizer vaccine on Monday. Parents got there’s last month. Wish us luck

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Any male 🐟 that can share the experience of starting alpha blockers? I take it at bedtime and feel like I have a head cold in the morning. Dizzy all day too.

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Do you use or have you used First Command Financial Planning? If so, what’s your experience with them?

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How many of you have had to curse out our Millennial/Gen-Y friends about calling us old and inept. 

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Who remembers this?

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Do big4s have any history of offering early retirement packages?

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