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by longtimegoogler
2362 days ago
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What I gave was a best case estimate if someone was really diligent, saving very aggressively, investing wisely, and contributing the maximum amount to retirement accounts. As someone who has been working for over 20 years and the last 10 at Google, I am not close to retiring and I don't believe the compensation at Google is that much greater than other software jobs, as my previous compensation was comparable. So what am I saying, yes, you might be able to retire early if you work at Google a long time and are very diligent, but you probably could do the same at most other software jobs in the region. If you really want to make life changing money at a FAANG company you have to get promoted to a certain level, which isn't easy, IMO.
Otherwise, your life isn't that different than any other software engineers. |
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You're probably well above the average comp at your level ( assuming L6+ ) given how much G stock has appreciated over the past decade though.
> So what am I saying, yes, you might be able to retire early if you work at Google a long time and are very diligent, but you probably could do the same at most other software jobs in the region.
The biggest advantage of these large companies is that the stock units + refreshers + stellar stock performance compounds wonderfully over time. Most other workers are chasing 5-10% raises every few years with poor 401k matching, no free food and no stocks so the gap widens over time.