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First option. I have two young kids, LCOL, and low 6 figures is comfortable. Life is so crazy right now, and at 50-60 hour weeks year-round, the extra money wouldn’t make up for the loss of sanity, additional stress, etc.
Just because you would pick option 1 now doesn’t mean you have to stay there 5 years down the road. Build good relationships, build up your resume, and make another jump when life settles down and you’re ready for more challenge and more money.
I should add, I already have 8 years PA experience.
I choose option 1 and work on my own business, easily get to mid 6 figure and still work less than 40 hours.
First option. Currently on partner track in PA. Planning on exiting for industry and taking a big lifetime pay cut to have a better work life balance (have 2 young kids).
Respect that a lot. Thanks for your input! And caring about your kiddos enough to make that jump.
I am in the low 6. I can easily get back on the grind for higher income whenever I feel inclined to job hop again. But I’m stable and have mentally healed from the beating work gave me before
They can give me less money, no promotion track, but they can’t take away talent lol. Just not ready to sell my blood and get back on “the grind” again
When you say low 6 figures, is that low as in just over $100k or low as in closer to $100k than $1,000,000?
Good question! I meant it in the barely breaking 6 figures sense. My current salary and that of everyone I know is within the range. Didn’t even cross my mind the other way (200-500)