I'm starting at a Bulge Bracket in NYC soon. Standard 70k base and 10k sign-in bonus. How much can I expect to earn after taxes, insurance, no 401(k) contribution, etc.? Trying to plan out my rent and expenses...
Note: I haven't found any posts on this topic recently, so wanted to get an updated response.
Thanks!
| +43 | Girlfriend works in Big 4 Audit - Advice? | 14 | 2h |
| +31 | Lindsay Clansey | 13 | 2d |
| +23 | Western Investment Bankers Deserve No-Minimum-Wage Nannies, and I Want Mine NOW | 9 | 3d |
| +21 | 9/11 After 25 Years | 6 | 9h |
| +17 | evercore isnt opening today | 13 | 2d |
| +15 | Deleted | 6 | 4d |
| +15 | Hair Transplant | 16 | 14h |
| +15 | Options for a Highschool splitter that wants to go into high finance | 18 | 11h |
| +13 | NYC apartment hunting rant: everyone and their mother and brother are touring | 4 | 3d |
| +11 | How do you guys actually make friends in NYC? | 3 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
zero
Based on your variables, this is probably how much you are going to take home.
~$1,850 every 2 weeks (after federal tax, state tax, social security & medicare) ~insurance should be part of your employment benefit
your bonus is (as a rule of thumb) taxed at 35%.
Please tell me you aren't planning on contributing 0% to your 401(k).
Non rerum impedit aut aut maiores nostrum ea. Hic eaque est quae odit dolore necessitatibus est. Assumenda impedit et id optio. Voluptate mollitia ducimus fuga rerum corporis tempora.
Optio rem quia saepe unde. Distinctio laboriosam rerum voluptatem reiciendis libero quaerat cum. Ut commodi velit excepturi explicabo dolore. Autem impedit eaque reprehenderit quam ea nisi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...