Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 05-03-2010, 08:26 PM   #61
Full time employment: Posting here.
friar1610's Avatar
Join Date: Jun 2002
Posts: 731
I haven't read every post in this thread but I certainly get the drift of your dilemma. I recall there was a piece in the business section of the Sunday NYT about a month ago by a guy who had been in a high powered career (in the business world, I believe) and left it to become an ATC. If I recall correctly, he really loves the ATC job. I tried to search for it to give you a link but didn't find it right away. You may want to search for it more diligently than I did to get a perspective.

friar1610 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-03-2010, 10:09 PM   #62
Recycles dryer sheets
Join Date: Apr 2007
Posts: 341
One other major factor to consider that I am not sure anyone has brought up yet is the effect of job location/cost of living on your bottom line. If you could manage to snag one of those 200k/year MBA positions, it would most likely be in NYC, right? Well, check out the cost of 2-3 br apartments, daycare, private school (since it is increasingly difficult to get your kids into good publics in NYC), etc. Your 200k/year is not going to go very far. Contrast that to 100k plus in the places you are considering -- Detroit and Cleveland? You could probably buy a whole city block for what it would cost to buy a "junior one bedroom" (aka studio) in Manhattan. Not that you'd want to live in a neighborhood where things were that cheap, but I can't imagine a nice house in even the best suburbs in the midwest costing anywhere near what NYC housing costs.

Realize you already made your decision, but maybe this is a consideration that will help reinforce that choice.


lhamo is offline   Reply With Quote
Old 05-04-2010, 09:39 AM   #63
Recycles dryer sheets
Join Date: Jan 2008
Posts: 264
Now that you have made your decision, you can rest assured that you were GROSSLY overestimating what you would likely make/achieve in the corporate world.

rgarling is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
What does '70% of salary' mean?!? randall FIRE and Money 28 11-17-2009 09:29 PM
Salary, W-2, or contractor? SecondCor521 FIRE and Money 18 07-10-2008 06:40 PM
salary increase trying2save Young Dreamers 65 02-25-2008 02:35 PM
Can you guess the salary? Sandy Young Dreamers 28 03-06-2007 10:01 AM
what % of salary do you live on nun FIRE and Money 61 02-21-2006 03:42 PM


All times are GMT -6. The time now is 09:14 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.