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by whiskyant
1592 days ago
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I don't think it would be close at all, unless you were already a senior engineer (and even then would require amazing stock appreciation). Also, the jump between levels at top companies/FAANG is around 50%, not 100%. • Junior engineer at FAANG, yr 1 = 180k ~113k take home - 42k living expenses (based off of 3.5k per month) = 71k to invest • Yr 2 = 71k to invest • Midlevel engineer, yr 3 = 270k ~160k take home - 42k living expenses = 118k to invest With 10% stock appreciation per year that's roughly 78k end of 1st year, 164k 2nd year, and 310k by 3rd year. |
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