r/financialindependence • u/fidgit86 • Aug 13 '21

What do you do that you earn six figures?

It seems like a lot of people make a lot of money and it seems like I’m missing out on something. So those of you that do, whats your occupation that pays so well?

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u/ScaredBorderCollie Aug 13 '21

Yup. Public for me.

5

u/wannabecpa93 Aug 13 '21

How long have you been in public? I left for industry last year and it has been a game changer.

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u/Momoselfie Aug 13 '21

Same pay, fewer hours. Best change ever. I wouldn't stay in public unless I was fairly certain I'd make partner one day.

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u/wannabecpa93 Aug 13 '21

I agree, I’d still rather be a CFO at a shitty mid-size company and make the same amount as a partner at B4 most of the time.

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u/Momoselfie Aug 13 '21

Yeah our partners didn't have lives outside of work. It was obvious they were the type who preferred to be at work instead of home, which isn't me at all.

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u/neaux2135 31 M - SR = 46% Aug 13 '21

Mid-market CFOs certainly don't make as much as B4 partners. Not even close, but I would much rather said CFO positions.

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u/MinskyMomentum Aug 13 '21

Plenty do (and some substantially more) especially when you consider profits interest/equity grants. To your point, the median mid market CFO likely does make less.

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u/MinskyMomentum Aug 13 '21

This is the way. Although if you’re at a “shitty” middle market private business, you probably won’t make as much as a b4 partner. Lots of mid market CFOs do though - there is a high pay variance based on skill set, role definition, company trajectory, etc.