Will most of us (big 4 employees) be in at least the 200k+ salary range once we hit our late 40s and early 50s? I know that MOST of us won't stay with our firms, but does that mean we stagnate?

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Based on historic inflation, a 200k salary in 30 years would be equivalent to 70k today...so yes you will be making 200k at least one day. 200k equivalent in 30 years would be about 550-600k.

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I am 49 and make over $1M. I am in my 14th year as a partner at EY. I started making over $200K as a 2nd year Senior Manager in 2001 and was making $248K the year I made partner in 2005.

So for me those numbers are very attainable in your 30s.

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PwC2 - good luck. This career has afforded me an amazing life. I hope you have a great career as well

likeupliftingsmart

I thought according to AOC we will all be dead in 12 years due to global warming

likefunny

Won’t machines replace 80% of us in 20 years though?

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Nah, Skynet will do away with all of us in 10.

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I think it depends. I think you should be able to for the single reason that if you are big four you are a cut above the average person. Few people work to 2am willingly. You don’t need to be that smart to make money as is.

upliftingfunny

I know a lot of partners that make north of 1 mil

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Probably hard to quantify. There are plenty that ‘stagnate’ but that are perfectly happy pulling in $125 base doing consolidations until they retire. Others want to progress outwards. Some get bored with purely accounting and lateral around for a while into other business areas

No, most people who leave will be in the low to mid 100s who leave as associate or senior. 200k at most companies is into management range. A lot of companies have controllers or CFOs at mid 100s as well. So that's their max for finance people at their companies. 200k is possible yes but obviously not every big 4 person will become a cfo.

Actually I don’t agree. I have been auditing for over 5 years and all ranked accounting people make lots of money. The Controllers make at least $200k and Accounting managers and director of IA over $180k and that’s in Atlanta where cost of living is low. I honestly believe it depends.

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