Originally Posted by
biggun
My wager is that he rightfully realizes a family can't retire to their desired comfort level unless a family has lots of nuts stored in the tree.
UPS pilots will retire with 5 to 6 million dollars. Their spouses don't need to work.
UAL pilots will NOT retire with a sizeable pension, therefore their spouses often do work outside the home to supplement both earnings and retirement.
But the way I read it was his wife likely makes between 140 and 160K. I could be wrong though, not that it matters. Heck, I hope she's pulling in 800K a year.
If its Wall Street mid six figures is in fact 400-600K. On Wall Street that is actually lower end of compensation.
If I had to guess she is in legal or research departments. Traders and risk management would be in the seven figure area for compensation.