[wfhbata]

Yes, that is exactly my point.

On the other hand, if you spend your early career as a researcher making five digits a year in the Midwest, then move to SV in middle age to increase your earnings, you probably won’t ever catch up and be able to live very comfortably given the cost of housing.

This is just a possible counterpoint, learned the hard way, to the common advice to “pursue your passion.” My advice to those who have the option: make some money first, then pursue your passion.