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Old 04-07-2012, 11:05 PM
 
126 posts, read 304,232 times
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How long does it take in years to make $100k in NOVA?
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Old 04-07-2012, 11:08 PM
 
Location: Fairfax
200 posts, read 561,059 times
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This will of course depends on the field.. If you are a doctor or lawyer you can make well above $100K right away..

Unfortunately.. $100K doesn't go very far here..
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Old 04-08-2012, 05:34 AM
 
12,906 posts, read 15,685,905 times
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Engineer? Maybe about 5 years after college.

IT person? The same

Government worker bee? Could take about 10 years unless you're setting the world on fire and are highly educated, then maybe in 5 years.
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Old 04-08-2012, 06:21 AM
 
Location: Central Virginia
6,571 posts, read 8,424,883 times
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Quote:
Originally Posted by Natthapol View Post
Unfortunately.. $100K doesn't go very far here..

$100k won't go as far here as some other areas of the country but that's still a decent salary. My husband and I make a combined salary of a little more than $100k and, although we're not in the lap of luxury, we live quite comfortably.
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Old 04-08-2012, 07:38 AM
 
Location: Aldie, VA
199 posts, read 673,163 times
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It also depends on how often you are willing to switch companies, at least in IT. Generally you will get a bigger increase by going to a different company, than just getting a standard annual raise.
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Old 04-08-2012, 07:38 AM
 
Location: Suburbia
8,827 posts, read 15,341,069 times
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"How long does it take in years to make $100k" reads as though an appropriate answer would be, "2 years if you make $50k a year", but I know what the OP is asking.

This question is very broad. Of course it depends on the job. I've been in NoVA since '93 and I'm nowhere close to $100k a year.
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Old 04-08-2012, 07:41 AM
 
Location: Suburbia
8,827 posts, read 15,341,069 times
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Quote:
Originally Posted by HokieFan View Post
$100k won't go as far here as some other areas of the country but that's still a decent salary. My husband and I make a combined salary of a little more than $100k and, although we're not in the lap of luxury, we live quite comfortably.
I agree. My wife and I have both been working in NoVA since '93. One child. We both have Masters degrees and each make in the low-mid $70s and are comfortable.
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Old 04-08-2012, 08:23 AM
 
Location: Everywhere and Nowhere
14,129 posts, read 31,293,810 times
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The trick is to marry someone also making $100K.
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Old 04-08-2012, 09:26 AM
 
Location: Tysons Corner
2,772 posts, read 4,323,567 times
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Making 100k is nice, but it isnt the end all be all. Alot of people who make that 6 figure income also give away hours of their life that they dont pay attention to. I know people who make just over 100k but work 65-70 hour weeks consistently because those companies expect that at that premium salary. Hourly is what matters most, if you work 65 hour weeks and make 100k, you are only being paid $29.60 per hour. For reference if that same person were working an equivalent 40 hour week it would only be a 61,500 salary. The point being, if you are working hardcore hours, then you need to realize those hours are significant. 60 hours a week means 50% more work being done. You could get a 40 hour job for closer to 75k or 80k, and then throw on 10 to 20hours of contract work depending on your job and if you really are a work aholic, and make far more than this $29.60 per hour amount. Or you can just relax, stop chasing the granite countertops, and live a good life working 40 hour weeks, making high 5 figures and enjoying your free time.

Not a sermon just a thought
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Old 04-08-2012, 10:24 AM
 
8,984 posts, read 21,195,944 times
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Per Mike 10's thread here, he is a financial or budget analyst making $58K two years after receiving a bachelor's degree. Are there any people with a similar career path that can project when the OP might progress to a point to start fielding six-figure salary opportunities?
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