High Earners - What's Your Profession?

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Random Poster
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Re: High Earners - What's Your Profession?

Post by Random Poster » Sun Jan 12, 2014 12:11 pm

Not a particularly good lawyer.

spankasmurf
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Re: High Earners - What's Your Profession?

Post by spankasmurf » Sun Jan 12, 2014 12:18 pm

Medical Physicist

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steve roy
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Re: High Earners - What's Your Profession?

Post by steve roy » Sun Jan 12, 2014 12:26 pm

Business representative of an Entertainment union in Holly-Wood. (Burbank, actually.) Into my final three years on the job.

solonseneca
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Re: High Earners - What's Your Profession?

Post by solonseneca » Sun Jan 12, 2014 12:39 pm

A bit dated, but this 2012 NY Times article answers "what percentage are you?"

http://www.nytimes.com/interactive/2012 ... .html?_r=0

Enter 100k in household income for instance.

And this article has a graphic what professions are in the 1 percent.

http://www.nytimes.com/packages/html/ne ... f=business

jimbojones
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Re: High Earners - What's Your Profession?

Post by jimbojones » Sun Jan 12, 2014 12:47 pm

A top MBA degree will almost guarantee that salary (plus six figures worth of student loan debt).

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LadyGeek
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Re: High Earners - What's Your Profession?

Post by LadyGeek » Sun Jan 12, 2014 12:50 pm

This thread is now in the Personal Finance (Not Investing) forum (employment).
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

DVMResident
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Re: High Earners - What's Your Profession?

Post by DVMResident » Sun Jan 12, 2014 12:51 pm

Dual titled position as a Principal scientist/Veterinarian (boarded DVM, PhD) at big pharma on the high COLA west coast.

Edit: Based on the NYT, I'm top 21%, Not bad for early-30's :beer
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Trailbreaker1
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Re: High Earners - What's Your Profession?

Post by Trailbreaker1 » Sun Jan 12, 2014 12:51 pm

Perfusionist.
My portfolio | Vanguard TSM index (40%), Vanguard TISM index (20%), Vanguard small cap value index (20%), Vanguard EM index (10%), Vanguard REIT index (10%).

scarr34
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Re: High Earners - What's Your Profession?

Post by scarr34 » Sun Jan 12, 2014 12:56 pm

I was a broadcast maintenance engineer at one of the TV networks in NYC. Base pay was about 90k, but with overtime I usually made about 120k. Union- represented, non-exempt.

I took a buy-out last fall and now work two days/week as a daily-hire in the same TV studio. Got a pension out of it, too!

island
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Re: High Earners - What's Your Profession?

Post by island » Sun Jan 12, 2014 1:05 pm

100 K doesn't seem high to me either, but Ok we both qualify. Health care provider, spouse is an engineer.

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Re: High Earners - What's Your Profession?

Post by Grt2bOutdoors » Sun Jan 12, 2014 1:10 pm

Spirit Rider wrote:
tibbitts wrote:I earn less than $100k currently, but for at least one or two generations, the most common way "ordinary" people (not physicians, etc.) reached approximately $100k in today's dollars (inflation adjusted, of course) was by staying at the same employer for a long time, possibly accomplishing not much besides aging. That might not work for subsequent generations, though. If you're exceptionally talented, or skilled, or lucky, it won't matter where you work or for whom, you'll likely reach $100k. But the primary route for average people may now be closed.
This hasn't been true for at least 20 years. For most companies, you are looking at marginal increases that may or may not exceed the average wage index. There is limited upward mobility and significant merit raises are less than common.

Most of the people I know who have stayed at companies for extended periods of time, are way behind their piers. Those who are the top earners probably changed companies four or five times in the first 15-20 years of their career. At that time you can think about retiring from that company. That is only if it is still in business twenty years later, or there aren't significant layoffs periodically.
Is that because their speedboat has moved beyond them? :P
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Re: High Earners - What's Your Profession?

Post by travellight » Sun Jan 12, 2014 1:14 pm

Does the blogging get you into this category, Emergdoc? That would be very nice.

My side job is real estate investor/property management. In 4-5 years, I hope to be making 142k per year at it.

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FrugalInvestor
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Re: High Earners - What's Your Profession?

Post by FrugalInvestor » Sun Jan 12, 2014 1:17 pm

I was in business but am now retired. I worked my way from the bottom of a very small company into management and then an executive level position with a company of national scope. Just a note, that would not have been possible had I not obtained a college degree.
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MichaelM24
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Re: High Earners - What's Your Profession?

Post by MichaelM24 » Sun Jan 12, 2014 1:19 pm

100 K doesn't seem high to me either
It is interesting so many people think this. I'd say low is bottom 25%, middle 50%, high is top 25%.

Unless you live inside of one of the most expensive cities, like Boston, 100k put you in the top 25% of earners in your area. It's top 6% for the country overall.

Even if you rather 10% low, 80% middle, 10% high. It's still a valid question for the country in general, just not specific locations.

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Re: High Earners - What's Your Profession?

Post by gator15 » Sun Jan 12, 2014 1:24 pm

Me= Military
Wife= Systems Engineer

FRANK2009
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Re: High Earners - What's Your Profession?

Post by FRANK2009 » Sun Jan 12, 2014 1:24 pm

100K isn't a high income in the New York area. I did however fit your criteria when I worked; averaged just over 100K a year. I retired as a sergeant from a large metropolitan police department.

Paul78
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Re: High Earners - What's Your Profession?

Post by Paul78 » Sun Jan 12, 2014 1:26 pm

If over 100k is a "high" earner (I think that is a bit low) then I qualify.

RN made about 115k last year.

edit- I do not exactly live in New York but my area is not cheap which is a big reason why I am over 100k.

Jack
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Re: High Earners - What's Your Profession?

Post by Jack » Sun Jan 12, 2014 1:32 pm

Trailbreaker1 wrote:Perfusionist.
Best job title evar.

I wish I could drop that one over my shoulder at a cocktail party as I walked away to the bar.

chaz
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Re: High Earners - What's Your Profession?

Post by chaz » Sun Jan 12, 2014 1:41 pm

Lawyer, now retired.
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maroon
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Re: High Earners - What's Your Profession?

Post by maroon » Sun Jan 12, 2014 1:44 pm

I think we should have a similar poll for more "mid-level" earners...

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Re: High Earners - What's Your Profession?

Post by LadyGeek » Sun Jan 12, 2014 1:52 pm

^^^ To be clear, this forum helps everyone at any income level. Don't misinterpret the members answering this poll as being a major focus of what we do.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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Re: High Earners - What's Your Profession?

Post by LiketoHike » Sun Jan 12, 2014 1:56 pm

Sales Rep

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Crimsontide
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Re: High Earners - What's Your Profession?

Post by Crimsontide » Sun Jan 12, 2014 1:59 pm

Engineer/Project Manager

dgdevil
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Re: High Earners - What's Your Profession?

Post by dgdevil » Sun Jan 12, 2014 2:12 pm

Reporter (no degree).

marek
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Re: High Earners - What's Your Profession?

Post by marek » Sun Jan 12, 2014 2:16 pm

Computer Scientist working for large oil & gas company. Not in management.

Fisherman8
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Re: High Earners - What's Your Profession?

Post by Fisherman8 » Sun Jan 12, 2014 2:18 pm

Dental Specialist
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Nukeboilermaker
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Re: High Earners - What's Your Profession?

Post by Nukeboilermaker » Sun Jan 12, 2014 2:24 pm

spankasmurf wrote:Medical Physicist
This is what my education was in. However, I work in Power Generation (Operations) ~150k (currently in training/promotion, ~200k when done in 1.5 years) in the Midwest.

poker27
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Re: High Earners - What's Your Profession?

Post by poker27 » Sun Jan 12, 2014 2:35 pm

I'm a sales rep for an IT company. I do well for my age and education (no college), but it can be very stressful at times. For the past few months I have been calculating my $ and thinking about how long I can live off my savings ;)

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Re: High Earners - What's Your Profession?

Post by Hawkeye_Saver » Sun Jan 12, 2014 2:43 pm

Thanks for all the replies so far. To clarify, I live in a small town in Iowa, so I consider 100k/year/person a high income, while not "rich". I just look at it as a good target to shoot for. Right now, my wife and I together make around 100k and I'm just looking at some options. I plan to start a pest control business on the side, possibly eventually make that my full time business. I guess I was also curious if many of the successful folks on here were entrepreneurs.

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Rob54keep
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Re: High Earners - What's Your Profession?

Post by Rob54keep » Sun Jan 12, 2014 2:52 pm

Petroleum Geologist...$250-ish.

John3754
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Re: High Earners - What's Your Profession?

Post by John3754 » Sun Jan 12, 2014 2:52 pm

livesoft wrote:For half the people on the forum, I can save them the trouble of responding: They are physicians.

I'm a scientist, not a physician.
This doesn't appear to be the case from the answers so far...am I sensing some animosity here?

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Re: High Earners - What's Your Profession?

Post by livesoft » Sun Jan 12, 2014 2:54 pm

No animosity. Many of my best friends and very near relatives are physicians. They are good people.
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avenger
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Re: High Earners - What's Your Profession?

Post by avenger » Sun Jan 12, 2014 2:57 pm

High income earner, and poor (I.e., early in career). Physician.
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BHCadet
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Re: High Earners - What's Your Profession?

Post by BHCadet » Sun Jan 12, 2014 3:19 pm

I'm in IT. DW is a software engineer.

linguini
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Re: High Earners - What's Your Profession?

Post by linguini » Sun Jan 12, 2014 3:26 pm

FRANK2009 wrote:100K isn't a high income in the New York area. I did however fit your criteria when I worked; averaged just over 100K a year. I retired as a sergeant from a large metropolitan police department.
Everyone keeps telling me that 100k doesn't make you a high earner in New York, but my personal experience as someone earning just over 100k (as a software engineer by the way) conflicts with this. I have friends who live on less than $30k in the Bronx and are basically paycheck to paycheck, and I have family in Manhattan making probably hundreds of thousands a year and have a huge inheritance and send their kids to private school and have a huge apartment with hired help. My financial experiences are far, far closer to the rich family than the friends who are just getting by, even though I can't afford the amenities they can. Of course, I can't say those who earn a similar salary to me have the same experiences as me (depends heavily on where you live in new York, family size, housing, whether or not you pay for private school, etc), but I'm going to guess overall that most New Yorkers in that salary range rarely (if ever) worry they won't be able to afford food, health care, housing, clothing, and other basic needs, and worry more about the day to day issues at work, their retirement savings, getting an educational edge for their kids, etc. Perhaps not upper class concerns, but solidly upper middle class concerns. Whether or not that's high income, I take exception to the pervasive belief that people on these salaries are somehow just getting by in new York. Many New Yorkers get by on much less.

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Horton
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Re: High Earners - What's Your Profession?

Post by Horton » Sun Jan 12, 2014 3:30 pm

Actuary

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jfn111
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Re: High Earners - What's Your Profession?

Post by jfn111 » Sun Jan 12, 2014 3:38 pm

Sales Rep

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rcjchicity
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Re: High Earners - What's Your Profession?

Post by rcjchicity » Sun Jan 12, 2014 3:47 pm

Pharmacist. DH is a physician.

SteveKL
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Re: High Earners - What's Your Profession?

Post by SteveKL » Sun Jan 12, 2014 4:07 pm

Retail store owner. Twenty-three years and counting.

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yatesd
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Re: High Earners - What's Your Profession?

Post by yatesd » Sun Jan 12, 2014 4:08 pm

Solution Sales Analyst

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fishnskiguy
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Re: High Earners - What's Your Profession?

Post by fishnskiguy » Sun Jan 12, 2014 4:14 pm

Retired nuclear powered submarine captain.

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Code Commit
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Re: High Earners - What's Your Profession?

Post by Code Commit » Sun Jan 12, 2014 4:23 pm

Software engineer (if my username wasn't clear). Being self-employed helps.

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Re: High Earners - What's Your Profession?

Post by D Newton » Sun Jan 12, 2014 4:31 pm

Geologist. :beer
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FRANK2009
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Re: High Earners - What's Your Profession?

Post by FRANK2009 » Sun Jan 12, 2014 4:35 pm

Everyone keeps telling me that 100k doesn't make you a high earner in New York, but my personal experience as someone earning just over 100k (as a software engineer by the way) conflicts with this. I have friends who live on less than $30k in the Bronx and are basically paycheck to paycheck, and I have family in Manhattan making probably hundreds of thousands a year and have a huge inheritance and send their kids to private school and have a huge apartment with hired help. My financial experiences are far, far closer to the rich family than the friends who are just getting by, even though I can't afford the amenities they can. Of course, I can't say those who earn a similar salary to me have the same experiences as me (depends heavily on where you live in new York, family size, housing, whether or not you pay for private school, etc), but I'm going to guess overall that most New Yorkers in that salary range rarely (if ever) worry they won't be able to afford food, health care, housing, clothing, and other basic needs, and worry more about the day to day issues at work, their retirement savings, getting an educational edge for their kids, etc. Perhaps not upper class concerns, but solidly upper middle class concerns. Whether or not that's high income, I take exception to the pervasive belief that people on these salaries are somehow just getting by in new York. Many New Yorkers get by on much less.
You can get by, but try buying a house on Long Island, and paying real estate taxes...

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HomerJ
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Re: High Earners - What's Your Profession?

Post by HomerJ » Sun Jan 12, 2014 4:41 pm

I make a little over 100k... Senior IT guy (non-management) in the Mid-west.

In this part of the country, 100k+ is king's money. I'm ridiculously blessed.

Buysider
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Re: High Earners - What's Your Profession?

Post by Buysider » Sun Jan 12, 2014 4:44 pm

Not a popular one on this board, but investment management :twisted:

Just remember, every pension fund, consultant and mutual fund board only hires top talent.

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Re: High Earners - What's Your Profession?

Post by carolinaman » Sun Jan 12, 2014 4:45 pm

Retired now but was an IT director for a large govt organization. Prior to that I was GM of an IT consulting/systems integration company.

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stemikger
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Re: High Earners - What's Your Profession?

Post by stemikger » Sun Jan 12, 2014 4:46 pm

:oops: :oops: :oops: :oops: :oops:
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leonidas
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Re: High Earners - What's Your Profession?

Post by leonidas » Sun Jan 12, 2014 4:46 pm

IT project manager for the fed in nyc 170k plus great benefits.

poker27
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Re: High Earners - What's Your Profession?

Post by poker27 » Sun Jan 12, 2014 4:55 pm

I think a 'large' salary is always subjective to what you make. When I was making 25k a year, I thought people making 40k a year were balling. I made about 150k last year, and now think someone making 200k+ is living the high life.

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