Originally Posted by fosters
That's the way it works in corporate. Airlines have a much different system called "senority" to prevent ass kissers and brown nosers from screwing over others.
Not only that, but personally I prefer to make a little bit of money now to make more money down the line. Would you rather be making $250k for say years 12 thru 30 or $125k for years 1-30?
Obviously as a doctor, you make $500k/yr starting from day one, so it's hard to compare the two, but my brain just couldn't handle medical school. props to those that make it
It would be a better decision to make 125K for 20 years than 250K for ten. Financial empires are built over time. Real estate takes time to appreciate and so do 401K's. It would be much better to receive a modest pay check over a longer period of time. In addition the taxes become crippling at the higher salaries and would take most of your earnings anyway.
SkyHigh