<p>Hey guys,</p>
<p>I know I am looking waaaaaaaaay into the future but do Ibankers receive nice retire packages? Like I know in many other proffessions, ur retirement money like just a small percentage of your normal income, is that how it works for Ibanking too? Or do you just have to live off of the bonus money you saved during your years at an Ibank? Also, about what is the average savings for ibankers. Like, after say 15 or 20 years, how much would you say the average banker would have been able to save of his bonuses. I have been hearing upwards of 5-10 million.</p>
<p>Thanks</p>
<p>It depends on how you live, and what happens along the way. You will probably, of necessity, be overly-invested in NYC area real estate. I know many people whose retirement is set based on this alone. And others who had less fortunate real estate investment timing. Some people had to sell their house into a depressed real estate market when they lost their jobs during a Wall Street bear market. Some people had bonus money in funds that were heavily invested in Enron stock. Other people were not so much impacted. There are many variables.</p>
<p>I don't ask people how much money they have.</p>