I’m a Y1 associate as of July and I have around 120K saved in 401K since analyst years and like 8K in HSA, 10K in my Roth IRA but no cash savings, I’m a cooked or doing average ??? I de
The numbers on these threads (there are so many of them already that you can reference) are always going to skew much higher given it's people who actually want to share (even if anonymous, it doesn't make any know feel good to post relatively lower numbers). These threads are also just silly in general given no one is going honestly admit if they had parental or outside help, downpayments, etc. Nothing wrong with that to be clear, it's just misleading for people who see numbers and won't know.
The other element is that people in this industry are extremely risk-averse and at most will just stick all their money in a S&P 500 fund or nasdaqETF which is good for them and good for most people in general and it's clearly working out, but you won't see any of these guys really take a leap of faith with entrepreneurship, investing in an illiquid opportunity/small business, "riskier" investments like crypto or single name stocks (likely more of a compliance issue on that front admittedly).
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An2 - ~$10k in IRA & 401k. ~$5k cash savings.
The numbers on these threads (there are so many of them already that you can reference) are always going to skew much higher given it's people who actually want to share (even if anonymous, it doesn't make any know feel good to post relatively lower numbers). These threads are also just silly in general given no one is going honestly admit if they had parental or outside help, downpayments, etc. Nothing wrong with that to be clear, it's just misleading for people who see numbers and won't know.
The other element is that people in this industry are extremely risk-averse and at most will just stick all their money in a S&P 500 fund or nasdaq ETF which is good for them and good for most people in general and it's clearly working out, but you won't see any of these guys really take a leap of faith with entrepreneurship, investing in an illiquid opportunity/small business, "riskier" investments like crypto or single name stocks (likely more of a compliance issue on that front admittedly).
Autem culpa fuga nemo iure. Placeat et qui et nobis unde voluptatem. Perspiciatis porro cupiditate qui maxime dolor commodi qui. Qui quibusdam tempora suscipit ad.
Earum eum qui minima cum quia recusandae. Consequatur rerum eos cum beatae explicabo ut. Quo exercitationem autem reiciendis quidem qui. Impedit velit dicta placeat eum accusamus repellat autem.
Reprehenderit eaque tenetur earum qui est eius ut. Non sint quasi enim et eligendi nostrum. Quia facere non est eligendi rerum. Sed fugit numquam nemo mollitia.
Modi minima qui facere. Et consectetur sint veniam modi iusto reiciendis ipsum et.
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