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Old 10-08-2014, 02:25 AM
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Originally Posted by Unregistered View Post
clearly a lawyer

12.5k at 28 is still alot for a lawyer though, most in the big firms would be making 7 -8k.
Good observation. The legal industry is undergoing a shakeup with offshore firms and that really helped boosted earnings in recent years. that being said, the hours are really long and it essentially is trading long hours for good money. making partner may or may not happen anyway, so being a lawyer is usually employment income, not something that is passively gained and multiplied by itself. there are probably more efficient manners of accumulating wealth.

How much would most ppl by 28 have in savings though? the JPM survey started at 30 - didn't find that very helpful. It would be extremely helpful to save with a comparison figure in mind.

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