- This topic has 96 replies, 22 voices, and was last updated 8 years, 11 months ago by Myriad.
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December 8, 2015 at 5:17 PM #792342December 8, 2015 at 6:18 PM #792346AnonymousGuest
[quote=cvmom][quote=meadandale][quote=flu][quote=deadzone]Sorry but you are not going to make 175K as an Engineer in San Diego. For that kind of pay you will need to be in management of some sort. If anybody has example to the contrary, I would be interested in hearing the details (i.e. what company and job).[/quote]
Not to make you feel bad, but you would be wrong.[/quote]
+1[/quote]
+2[/quote]
You guys can +n all you want but without any details of the job you are providing no value.
December 8, 2015 at 6:25 PM #792347flyerParticipant+3 we do know some people in that profession in that salary range as well. I’m talking about this particular niche in this profession. Some MD’s make $300K-$1M+yr., some pilots make $50K-$400K+/yr., and in other professions more or less. Some people have trust funds. It’s all relative.
Kev, as others have suggested, find what you really want to do, and enjoy it. Imo, the purpose of money is to live the life you want to live. Life is short, so make the most of it.
December 8, 2015 at 6:27 PM #792348CoronitaParticipant[quote=bearishgurl]flu, if the checkstub you posted was YOUR old checkstub, it must have been from a job in the bay area. SD companies don’t pay like that … especially years ago.
Yeah, I agree about the low net pay. Even gov’mt lawyers were making that net pay (and lower) back when I worked with them ~15 years ago, mostly due to heavy deductions for dependent medical plans (spouses were very expensive) and their 457 plans. Especially the ones who were planning on “retiring” in <10 years.
Yes, I also brown-bagged my lunch every day for three decades as did most of my co-workers (including attorneys). Lunch (and dtn pkg) eat up a LOT of money every week while trying to support a family. We only got $60 month for a parking stipend on our paychecks when dtn parking cost $110 to $150 month around the year 2000. OR, you could apply the stipend to the cost of a monthly bus/trolley pass but I never did because I used ~3 lunches per week to conduct all my family's errands so I could ensure picking up my kid(s) from daycare/after-school care by 6:00 pm. (I routinely kept an ice chest in the trunk.) I'm sure the stipend is higher today for current workers but so is downtown parking and a monthly bus/trolley pass. So it's all relative.[/quote]
Missed this...
Nope. I can guarantee you the paystub was not from the bay area. It was right here in San Diego. This would be considered on the lower side if was in the bay area.December 8, 2015 at 10:46 PM #792358anParticipant[quote=mixxalot]Besides sales, high level SW architect gigs in Java and Big Data pay serious bucks. A recruiter sent me a request for 150-180K FT job in San Diego at a startup plus equity. So the $ is there. Yes, after taxes not as great for a single person but still decent.[/quote]Yep, I get head hunter contacting me pretty regularly for architect level with pay between $150-190k. So, it’s definitely not rare.
December 8, 2015 at 10:51 PM #792360anParticipant[quote=deadzone][quote=cvmom][quote=meadandale][quote=flu][quote=deadzone]Sorry but you are not going to make 175K as an Engineer in San Diego. For that kind of pay you will need to be in management of some sort. If anybody has example to the contrary, I would be interested in hearing the details (i.e. what company and job).[/quote]
Not to make you feel bad, but you would be wrong.[/quote]
+1[/quote]
+2[/quote]
You guys can +n all you want but without any details of the job you are providing no value.[/quote]Seriously, you’re not going to get anymore details than you’ve already gotten. Whether you believe us or not is your prerogative. But I can assure you there are technical positions out there in SD paying around that much.
December 9, 2015 at 6:30 AM #792363no_such_realityParticipant15 seconds on dice.
Here, note salary range listed in description, $145k to $200k.
Here’s another maybe you think it’s too much icky management stuff. Lists $170k right in the title.
December 9, 2015 at 9:36 AM #792375cvmomParticipant[quote=flu]Employer match is always to a traditional IRA, which currently my employer has at 4% I think.[/quote]
Flu, you gave me a heart attack on this. But I did confirm that my company matches to Roth 401k contributions as well, not only to the traditional one. Just FYI
December 9, 2015 at 10:10 AM #792377AnonymousGuest[quote=AN][quote=deadzone][quote=cvmom][quote=meadandale][quote=flu][quote=deadzone]Sorry but you are not going to make 175K as an Engineer in San Diego. For that kind of pay you will need to be in management of some sort. If anybody has example to the contrary, I would be interested in hearing the details (i.e. what company and job).[/quote]
Not to make you feel bad, but you would be wrong.[/quote]
+1[/quote]
+2[/quote]
You guys can +n all you want but without any details of the job you are providing no value.[/quote]Seriously, you’re not going to get anymore details than you’ve already gotten. Whether you believe us or not is your prerogative. But I can assure you there are technical positions out there in SD paying around that much.[/quote]
I don’t care because I am not looking for a new job. The poster asked for specifically what he has to do to make 175K. All you guys have confirmed is, yes it is theoretically possible to get that salary. If that is true, how about listing specific companies and job descriptions? Or even better, job announcements for open positions right now?
December 9, 2015 at 10:28 AM #792379plmParticipant[quote=cvmom][quote=flu]Employer match is always to a traditional IRA, which currently my employer has at 4% I think.[/quote]
Flu, you gave me a heart attack on this. But I did confirm that my company matches to Roth 401k contributions as well, not only to the traditional one. Just FYI[/quote]
If you don’t mind my question, why do people pick Roth 401k instead of traditional 401k? I thought the whole point was to defer taxes till retirement where the income is lower. Is it maybe to hit the AMT sweet spot but that’s another concept I’m having trouble grasping?
December 9, 2015 at 11:37 AM #792381kev374Participantwhat I am saying is based on the complexity I face on a day to day basis on designing and architecting systems (and yes, just because my designation is Sr. Software Engineer does not mean I am not expected to design, re-design, re-factor, deconstruct and re-configure and re-architect crappy existing systems) I should be making MINIMUM of $200,000…
people are crying about increasing minimum wage, what about the rest of us? Every year the wages are going down but workload and complexity is going up, constantly need to learn new stuff… it’s crazy.
Some of these systems are so complex it makes my head hurt… right now dealing with inhouse designed OO javascript framework, this thing has like probably 500,000 lines of code all over the place, designed over a 8-10 year period by various people but i’m expected to walk in and wave my magic wand and fix, design stuff against it? I’ve head to break my head for this and what am I getting paid? $135k? F it, need at least $200k for this crap!
Plumbers are making $135k these days and all they have to do is turn a wrench in the clockwise direction…
December 9, 2015 at 11:42 AM #792382allParticipant[quote=kev374] right now dealing with inhouse designed OO javascript framework, this thing has like probably 500,000 lines of code all over the place…[/quote]
Just run it through minifier and shrink it to one line of code.December 9, 2015 at 1:11 PM #792390CoronitaParticipant[quote=plm][quote=cvmom][quote=flu]Employer match is always to a traditional IRA, which currently my employer has at 4% I think.[/quote]
Flu, you gave me a heart attack on this. But I did confirm that my company matches to Roth 401k contributions as well, not only to the traditional one. Just FYI[/quote]
If you don’t mind my question, why do people pick Roth 401k instead of traditional 401k? I thought the whole point was to defer taxes till retirement where the income is lower. Is it maybe to hit the AMT sweet spot but that’s another concept I’m having trouble grasping?[/quote]
Oh shucks. My doesn’t. That sucks.
Plm. Well, in the case of cvmom, it totally makes sense to contribute to a Roth 401k if the employers matches into your account. The employer contribution. Would be tax free and earnings from it would be tax free. As far as why one would contribute to a Roth 401k instead of traditional IRA. Part of me is worried about required minimum distribution that might make my taxable income greater post retirement than now. Also, I believe in the case of a Roth 401k, you can withdraw what you contribute without a tax penalty ( since it was after tax dollars anyways).
The other half of me days who knows what they will do to Roth accounts. And for I need some tax defferals.
December 9, 2015 at 2:24 PM #792396plmParticipantSo for me I should stick with my traditional 401K. I never got good financial advice when I was starting out. Did 401K but just the minimum to get the company match. And my money just went into a checking account instead of investing in stocks. Oh, well I should have time to catch up but its painful to make up for financial mistakes in the past.
Its probably better to get good financial advice than chasing a larger salary. Kind of like all those star athletes that make millions but wind up broke.
December 9, 2015 at 3:12 PM #792401CoronitaParticipant[quote=plm]So for me I should stick with my traditional 401K. I never got good financial advice when I was starting out. Did 401K but just the minimum to get the company match. And my money just went into a checking account instead of investing in stocks. Oh, well I should have time to catch up but its painful to make up for financial mistakes in the past.
Its probably better to get good financial advice than chasing a larger salary. Kind of like all those star athletes that make millions but wind up broke.[/quote]
Bingo. Salary goes only as far as how well o e manages it.
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