IBD: How much should you have saved by 30? LONDON THREAD
WSO has similarly titled (original) post. The entire thread is US-based, so I’m starting this one as I’m curious to see how much London bankers have saved up over years? £
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Oh no the intern wants to know if he has to be millionaire by 30
Don’t be so negative! Have you read the original post? The dude is basically having an awakening of how he only saved up $50K by the age of 30 whilst being a VP (he would have wished to start thinking of it as an intern I bet) - I’m just hedging myself against such mistake by propelling my motivation ;)
Suggest you switch to savings / seniority instead of age, more insightful
Fair enough, thanks! Assuming very structured progression in IB: 2 yrs Analyst, 3 years Associate, etc. :)
Quite interested to see a London version so I'll add my current financial status to kick things off
Age: 26
Seniority: Associate 3
Current Savings: £150k
This makes me feel I’m late in life.
Assoc 2 (pre-bonus) at ~£190k.
Why UK figures are so bad compared to the US ones?
Incl. bonuses what the figures would look like if you don’t mind sharing?! ;) sorry for prying here
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