Saving as an Associate vs Analyst
Analyst 3+ in IB - Cov
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Region
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| +123 | I think I’m logging off after ER visit | 26 | 3m |
| +113 | AI Creating More Work | 36 | 9h |
| +111 | Is it Bad That I ALREADY Don’t Care? | 32 | 6h |
| +98 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 13 | 27m |
| +81 | Shit PWP Culture | 62 | 21m |
| +66 | Is pay at BofA really that bad? | 19 | 2h |
| +45 | How easy was recruiting for you? | 21 | 5d |
| +38 | Is the life of a VP at a 'top-bank' really good? | 12 | 4h |
| +37 | 22yo IB Analyst just had mental health breakdown | 11 | 2d |
| +22 | Law school instead of MBA for RX Banking | 3 | 2d |
Career Resources
“Analyst salaries are not that much”
- Top 8% earners in the USA easily clearing 160k a year while median income for a family of 4 is ~50k
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Lol, can't tell if this is a troll or a serious post, but basically you've put in the minimum amount to get your max 401k match and saved nothing on top of that and you're asking if others have saved more? Unless you're supporting a family, you can spend pretty exorbitantly and still live off your base alone (and save your entire bonus).
If serious, feel like you're a walking new money stereotype. What are you spending your money on?
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