Would you rather make $120k a year while working 40 hours a week or $350K while working 70 hours a week. Please do not say it depends. Answer strictly on those two variables.

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Totally depends. Where do I live, do I have a spouse and how much do they make, do I have young kids?

likefunnysmart

I can tell you that I never met a dude with money who was NOT good looking - in my eyes at least!!!

$350K for sure. $120k is like lower middle class while $350k is upper middle class.

For all those picking $120k that work in public accounting...most likely you're over 120k and have plenty of options to find a 40 hour work week job that pays $120k or more, so why don't aren't you leaving?

I've been in PA for 15+ years, not at partner level, get paid $200k+ and work around 40 hours a week. Will work more if I need to, but I rarely put in 60 hours or more.

likefunny

@kpmg...maybe you should leave audit. Audit is perfect Segway into consulting like FDD and you'll triple your salary within 5 years . In tax at my office, associates and seniors don't make up even 40%. Same was true when I was at Deloitte.

At average comp for a professional client service role is definitely well well well above 65k. Like double that if you're in MCOL or HCOL city

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120. 70 hours a week is 14 hours a day to keep a weekend. You would hate your life in less then a year.

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I've done this and I didn't get 350.

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haha I think these responses don't count since they work 70anyway and get less than 120 in most cases so an extra 200k+ for something they already doing would seem like a no brainer

likefunnysmart

70 hour week with about 3-4 weeks of vacation each year? I don’t think I can do that even for $350K.

likefunny

What if I took the $350 and just claimed to be working 70?

likefunnysmart

Taking note…. Lmao

$120K. I have young kids, my time with them is precious.

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120k and if I wanted to I can work another 30 hours doing something else that makes me more if I wanted to.

likesmart

KPMG 1, never underestimate the only fans earnings

likefunny

Early in my marriage it occurred to we that if my wife realized I could have made 120k in a government job working 40s I would have needed to take it.

We have enjoyed the financial stability of a career as a partner but maybe we would have been happier.

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EY31 - new pension plan definitely allows partners to leave easier - the pension just isn't as good. Newer partners that continue to late 50s should have very healthy pension

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Easy - $120K. I have a life, and family, and friends, and hobbies that are all more important than money.

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Lol if I was making 350 working such long hours I would have difficulty saving. Everything I do id be like I have so little free time I rather pay a premium (I.e Uber everywhere, eat out).

350 for 3 years, then drop to 120

likesmart

Best answer right here

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If you make 350K, but live like you make 120k and save the rest earning 4%, you would have about 2.8M in 10 years. It would take the guy making 120k a year 23.3 years just to make enough money in earnings to equal your savings. Manage 7% and you are closer to 3.3M. You could retire in 10 years with little change in the standard of living you are accustomed to.

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You’ve heard of income taxes or maybe not file and hope for the best? $350K is $250K after tax in many states. Family of 4 with kids in activities and decent vacations is not inexpensive. This is the devil’s choice. Life would be unfulfilling under either choice.

Like 70 hours a week every week all year? That’s a bit much

likesmart

120. There is no way I could do 70 hours a week year round.

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$350k easy, I can afford any nanny, cleaner, etc. So I can appreciate the little free time.

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You really can’t appreciate the free time cause that’s your only window to sleep 😭

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$120k. And I currently make close to $300k 🙂

likesmart

That’s sweet. You might be coasting for huge money

$350k thats a lot of money

likefunny

Bet on yourself and you’ll make more than $350K

Can I get 200k for 50 hours?

likesmart

Isn't this essentially asking "do you want to become a partner?" 350/70 seems somewhat close to what some partners might make/work at some firms.

likefunnysmart

You've clearly never worked with partners before if you think they're working only 40 hour weeks.

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Can I take 350K work 40 hour and give 100K to a A2 let them work 30 hour🤣 win win

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You found the loop hole in the question 🤯

funny

$120k. I'm single with no dependents and no debts, so $120k is more than enough. I don't work in a department with a real busy season so I'm usually working 45 - 50 hours a week at my busiest. I think I did one 70+ hour week since I started and that just about killed me, I don't know how people pull 90+ hours. $350k is nothing to sneeze at but I hated my life so much during that 70+ hour week that I will never voluntarily go back to that... I mean, unless the question were about making $40k a year for 40 hours instead of $120k.

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