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throwdecro | 4 years ago

I wish articles like this provided some data as to what "affluent" is. How much money does the 48 year old have, and how much "house", that retirement looks to make sense to them? I'd rather have the dollar figures than the people's names.

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petilon|4 years ago

Here's what a FAANG software engineer can expect to have at retirement: https://docs.google.com/spreadsheets/d/1Ryu_-mVYxSdJbW8lmf1z...

throwdecro|4 years ago

The idea that the FAANG gravy train can last 30 years is not realistic.

If at least half the letters in FAANG aren't blown away in that time period, it would suggest a tech environment so stagnant that it would be impossible to justify the compensation.

And lasting 30 years at a surviving FAANG company is such a low-probability prospect that it's not something reasonable to include in any future planning.

Very few FAANG engineers can actually expect this outcome.

EDIT: Removed shock word "preposterous", sorry about that.