<p>but overconfidence breeds entitlement, which can be a bad thing. You have to pay your dues before you can get to 300K. Dont be surprised if you have to take a job at Starbucks or Chick-Fil-A through med school</p>
<p>^wow back to back words of advice.</p>
<p>And don’t be surprised of your ideas of life change… you’re only 14. You have much to learn and expereince in just these next 4 years.</p>
<p>If you go to medical school, you won’t be making 300,000k+ until after residency, which could be around 30 years of age. </p>
<p>I’d say 150,000k+ is good enough to live in a normal neighborhood, but depends on the city.</p>
<p>There aren’t that many people who make $150k and up. And I can tell you, it’s HARD when both parents work. Even when the kids get older, there is so much ferrying around that is needed. Lots of after-school activities occur before 5 pm. I really have no idea what families do when Mom and Dad work at 8 to 5 jobs in an office. My husband and I run our own firm out of our home, and it’s still tricky.</p>
<p>Enough so that my wife and children can live comfortably on the divorce settlement money/ child support, because although divorce is inevitable, I still wouldn’t want my family to suffer. I’d probably have to sell my Aspen log estate as well…sigh…(so approximately 800000+)</p>
<p>Comfortably $50000-$60000.</p>
<p>But I’m pushing to get to six digits as soon as the perfect opportunity rises.</p>
<p>When my parents worked(they no longer work), mom did around 400,000 and dad did 2-3 million depending on bonus. I realize this is very atypical. However, given this upbringing(and the heavy inflation I am expecting in the near future) I think I will need around 300k to be comfortable on my own.</p>
<p>I understand that the typical Wharton guy who goes into finance will make around 100k during the first year. If I can make PE then I can do up to 200k in my first year…overall though, it should take a few years to become comfortable.</p>
<p>Very ambitious. </p>
<p>Best of luck.</p>
<p>Heh. Look at some of you, leading very comfortable (even posh) lives. Just look at some of you, not knowing/feeling what being at the mercy at the jaws of the economical volcano is like.</p>
<p>I’d be pretty effing happy to make even $50,000 single person. $100,000 single-person would be unrealistic, but heavenly bliss to me.</p>
<p>^In the same boat :</p>
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<p>Glad to see you feel what I feel.</p>
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<p>I honestly hope that everyone who posted in this topic who answered anything in the six digits is aware of the battle that they’re going to face in the coming years. It’s one thing to say I want to do this, and it’s another to pull it off.</p>
<p>Keep in mind that people in the 200K-300K range were probably thinking about families</p>
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<p>Exactly my point.</p>
<p>$60,000 would be great that’s almost twice as much as my parents make combined.Very comfortable lifestyle for somebody single.</p>
<p>greedy greedy greedy… you’ll find you’ll spend as much as you earn and never feel you have enough!</p>
<p>
This is true.</p>
<p>And golfcrewxctrack is…</p>
<p>I think a lot of people are a little shocked at their salaries when they get out of school, especially if they went to grad school and expect to make the big bucks. We had only one car for four years or so, and were able to buy only a tiny house (1,100 square feet). My parents were pretty well off, and it surprised me that I wasn’t at their standard of living right off the bat! Even now, we couldn’t afford to buy a house in the area where they live (they bought long before prices skyrocketed).</p>
<p>I’m seeing a lot of “Top 1% of high school >> top 15 university >> Investment banking/med school/big law >> six-figure awesomeness”</p>
<p>Word of advice: it doesn’t always work like that. Sometimes it does, a lot of times it doesn’t.</p>