What is a decent salary to be making at 25, not married and no kids? Regardless of what you do.

likehelpful
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In real world 60-70k. On fishbowl… 200k

likefunnyhelpful

I am 32 and have a great job and in my current position have yet to get above 65k. but it's worth the trade and I'm not done yet.

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55-75k is a good range. Don’t worry about what others are earning as this won’t change as u reach ur 30s too.

Maybe u will be earning 120-150k in ur 30s and when u come here u will see .. people saying they earn 300k or 400k ..

If u earn 200-300k u will see people earning 600k-700k ..

If u earn 600-700k .. u will see people are earning 1.2 million LOL.

It just doesn’t stop. So don’t compare. Just letting u know from personal exp. it just is non stop and never ending.

At 26 I earned around 67k
At 29 I joined google so now I am 200-220k But it really doesn’t matter. Just keep doing what u like .. concentrate on ur life .. ur happiness .. travel etc. ❤️💪.. don’t compare. Hope this helps.

likehelpfulupliftingsmartfunny

Thank you for this answer, I appreciate the honestly! It made feel a lot better about where I am and I am not “behind”

likeuplifting

If you can go to a grocery store and put anything in your cart and not worry you won't be able to afford it, then you make a decent enough salary. :)

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I make way more than I need to afford stuff at grocery store but I still sometimes put back pasta because it’s $1.29 this week instead of $0.99 lol

likefunny

Really depends where you live. You need significantly more in the Bay Area compared to a smaller or medium size town.

likesmart

There isn’t really an answer to this. Where do you live? What are the costs of living? What do you do, professionally? Not asking for the actual answers - just making the point that “decent salary” is totally subjective depending on your expenses and what your career earning potential is. If you can pay your bills, save money / invest for retirement, and enjoy life, I say you’re in good shape.

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I don’t think there’s a “number”. To me, a decent income should allow you to be financially independent; meaning you can afford to live on your own without help from family and still have money left over after paying all your expenses yourself.

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At 25, a decent salary is one that comes from a role your passionate about. If you’re not married and don’t have kids, chase your passion, not a paycheck. It will pay off!

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Depends on so many variables. There was an experiment where a company in Brazil let their employees choose their own salary. Aka "define your own worth." The vast majority chose more or less what they were making, if not slightly higher. The ones who felt like they should be earning way more? They either really were justified, e.g. superstar workers, or they had overinflated egos. At some point you just have to kind of feel out what your job and your labor is worth. How much is your time worth? What is the meaningful contribution of your work or your employer's role in society? Should you be getting paid that much? Or that little?

I'm happy with what I'm making now even though it's pretty laughable for a high-income CoL city like SF. It's because it's more or less still enough for me to live, and put some into my savings, while still having the lifestyle I choose to live.

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Don't compare too much. There is always someone out there doing better or worse than you.

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Depends on where you live. My first job when I was 24 was around 42K with full benis. And it was more than enough to do everything I wanted plus travel the world. But my rent was also like $400/month.

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The smartest thing you can do at your age is to focus more on how much you can save/invest rather than how much you can earn and spend. If someone makes 50k and invests $1000 per month and another person makes 200k and invests $700 a month the person who invests more is going to be better off in the long run.

Live below your means and invest like crazy.

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^ this. But, above six figures would be a great milestone

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It doesn't matter if you're blowing it all.

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$60k if you want to live semi-modestly and have anything left after taxes.

There's too many variables to say. Mostly based on your area and standard of living.

100% depends on where you live

At 25 in 2015, in NYC as a PM I made 57k + profit sharing. Lots of variables to consider….

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Work in the U.S, and make an equivalent of ~$500k CAD. Any interesting roles that might be in that ballpark in Toronto? Thinking of making a move back home to Toronto without a huge comp/lifestyle change

I’m guessing it’s mostly VP+ roles at large companies or something In PE?

likesmart

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