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Old 03-04-2007, 03:25 PM
Punker Punker is offline
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Join Date: Jan 2003
Posts: 2,662
Default Re: Pick your salary

If you take the 200K job, after 7 years you would have grossed 1.4M and if you have used those 7 years wisely, could theoretically retire. If you take the 2500 job, after 7 years, you only have 317K and must work at least a few more years before you can retire. Yes, the upside is higher on the 2500 job, but if your goal is to get to retirement, the 200K job might be better.

You're also going to have a much more comfortable decade of preparation for retirement spending 40-50K per year and saving 150K.

The 200K option isn't that bad, unless you want to retire super rich.
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