r/financialindependence 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/tdpdcpa Aug 13 '21

Also an accountant. It took me 5.5 years from my first day to the day I made 6 figures. I went Big 4 (3 years) to large, private chemical company in technical accounting and reporting.

In the 1.5 years since then, I increased my salary another 90% by switching into Accounting Advisory Services and getting headhunted by a client.

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u/jdmackes Aug 13 '21

Damn, that's nuts. Do you have any certifications? What's your work/life balance like?

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u/stroker919 Aug 13 '21

Big 4 stinks. You’re punished for doing things faster than the engagement. You also have to sit around at horrible offices is boring places when it’s not pandemic. When you leave it’s like a survivor’s group out in the world.

Small companies don’t understand what they are paying for so they pay poorly and are set up poorly.

Medium companies are a huge mess and pay begrudgingly.

You need 10-15 years and luck to be at six figures in a medium size market.

Have observed 15 years of accounting career.

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u/270223991 Aug 13 '21

Definitely don’t need 10-15 years to be at 6 figures in a medium-sized market. I’m a CPA with a medium-sized regional firm in an extremely LCoL area and hit 6 figures in 6 years.