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/s200711 Aug 13 '21

Is that more than usual though? It's always difficult to pin down what's normal because the range is fairly wide and we're all biased by our social bubbles.

But I'd say in Germany as a run of the mill software dev at some average company in an average city, you'll likely max out at 70k EUR. Which certainly isn't bad, but it's not 6-figures retire in your 40s money.

And I had assumed that Sweden is roughly similar, so perhaps something like 800k SEK being a typical upper bound for devs (like 75th percentile). Would you say that's roughly accurate, or do more people end up with $100k+?

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u/magnafides Aug 13 '21

Which certainly isn't bad, but it's not 6-figures retire in your 40s money.

Just for perspective, in the US you're not retiring in your 40s just based off of a low 6 figure salary.

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u/Runningflame570 Aug 13 '21

Are you not? I'm sure not planning to work into my 50s.

Low sixes is a good salary in most cities.

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u/magnafides Aug 13 '21

It's definitely a good salary, but I don't think you retire in your 40s without your investments doing significantly well. When I say "low six figures" I was thinking like 100-150k.