Earning by age category

[DrewChan]

This is very much a "How long is a piece of string" question - but I am interested,

What should one be earning in their late 20s to be "doing well", or at least be in line with the average [within the skilled work force]

*edit I didn't notice a similar finance question asked 4 posts below

 

[Pavan]

1m CTC

 

[AstroTurf]

This is very much a "How long is a piece of string" question - but I am interested,

What should one be earning in their late 20s to be "doing well", or at least be in line with the average [within the skilled work force]

Preferably money...

 

[bchip]

It depends on the job your doing, but in the end makes little difference.
Focus on what your earning and what you want to do about it....much more productive

 

[TehStranger]

$10k/day

 

[TJ99]

Roughly

 

[Mystic Twilight]

Saving at least 20% of income while living comfortably (comfort is subjective).

 

[Jakkels1991]

I am 23. I earn R15 000 (junior developer). I am not sure if this is good or bad

 

[F1ve_Claw]

This is a hard one. I'd say by 25 I'd be aiming for R20k. I am in a very badly paid "academic"field

 

[poorestguy]

my aim was to hit 500k with 5 years experience ... didn't quite make it

 

[Napalm2880]

1m CTC

If you're under 30 earning R1mil CTC then you're doing bloody well for yourself.

 

[wezzcoetzee]

Depends on your location as well, Cape Town has better salaries but the cost of living is higher for example...

 

[MickeyD]

minimums....

20 - R20k/m
30 - R40k/m
40 - R60k/m
50 - R80k/m

 

[Picard]

minimums....

20 - R20k/m
30 - R40k/m
40 - R60k/m
50 - R80k/m

Shlt

 

[DrewChan]

minimums....

20 - R20k/m
30 - R40k/m
40 - R60k/m
50 - R80k/m

That would be amazing but by observation:

20: 7k
25: 10k
30: 15 - 20k
40: 20k plus

 

[Chevron]

minimums....

20 - R20k/m
30 - R40k/m
40 - R60k/m
50 - R80k/m

Those actually sound about right if you studied and are doing well.

 

[Hamster]

minimums....

23 - R20k/m
30 - R40k/m
40 - R60k/m
50 - R80k/m

FTFY. If you want to reach those figures you better be studying when you're 20

 

[MickeyD]

FTFY. If you want to reach those figures you better be studying when you're 20

fair

 

[Hamster]

That would be amazing but by observation:



20: 7k

25: 10k

30: 15 - 20k

40: 20k plus

Probably depends heavily on field of study. If you reach the age of 30 and you are only earning 20k in the software industry you are failing hard and your boss is really screwing you over (unless you live in PE )

 

[Messugga]

Depends on your location as well, Cape Town has better salaries but the cost of living is higher for example...

Cape Town has better salaries than where? :wtf:

Last I heard they were 30% behind GP.