Saving as an Associate vs Analyst
Analyst 3+ in IB - Cov
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Region
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| +231 | Coverage Banking is Paradise | 29 | 6d |
| +165 | UBS preparing for a October Layoff Massacre | 124 | 2m |
| +121 | London Recruiting is Paradise | 47 | 3h |
| +77 | My Motivation Is At An All Time High | 13 | 4d |
| +56 | Work and Suicide | 24 | 3h |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 9h |
| +46 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 6h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 14h |
| +25 | Lawyer moving into Banking | 23 | 1h |
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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