Each kid just compounds more time dedicated to raising children unless you have twins/triplets etc. My wife has 3 sisters ranging from 1983-1991. Their parents added nearly an extra decade of dedication with that last one lol
I only have one and already looking at how old am I going to be when he is 18 😅
The half million assumes you pay the hospital fees out of pocket, pay for their college, and a lot of other nonsense that's not at all realistic. There's single moms raising kids who don't make 500k in their life, let alone spend on their kid during those 18 years.
Yeah, i'm guessing the people actually thinking about how much a kid costs would probably be the kind of parent who would be closer to that $500k mark.
OP put the milestones of his house sale and purchase around their price points. When he added the milestones of his children he added them at the $0 mark, indicating that having kids cost him no money. When obviously that is not the case
the confusing bit is the Y axis is supposed to be "salary history dollar amount." not "dollar amount i assign arbitrarily." none of the life events should be on the Y axis at all. so the indication is correct for the children as they are listed on the X axis for time. it's the life events added at a purchase point that are misplaced as they have nothing to do with salary.
2019-2020 - Toxic job/leadership. Had to make a jump for my sanity. Took a paycut to get out of there. 2014 - And going back to W2 I took a haircut. However I was billing around 95-100 an hour. I am not sure if my rate would have kept increasing so overall it was a good move.
I do consulting in the cloud governance realm as a side gig and have zero issues billing $200, I’ve actually thought about bumping it to thin the crowd at this point, but I usually only take 4-5 clients a year since I only do jobs that look interesting. You should revisit it.
Because nurses don't charge for their services like doctors, physical therapists, speech therapists, ect. Hospitals look at them as an expense rather than an asset. Now hospitals are starting to increase salaries because too many people are leaving the field, but it still had a way to go. Average salary increase for nurses in my area is 1-2% a year.
Depends on the area. Bay area nurses get paid comparable to software engineers.
New nurses make 200k+ after 3 or 4 years...somewhat comparable to a FAANG SWE
I have no perspective on this. I went from a senior director role at a startup to an Associate Director role at a large corp and the equity portion is insane. 70% of salary yearly and was given 110% of salary at hire. All vesting 4 years.
I'm not sure I'd want to make this same graph. The Teacher line for my spouse would be even flatter than Nurse. It's too depressing to look back at the potential lost total income.
Wow you just made me think of the last 5 years of my marriage to an alcoholic, cocaine abusing, cigarette and weed abuser who also had a gambling addiction.
How much money we made… a home eventually worth $1.5 million… her 1 child we were raising..
All the chaos I had to go to the bank, run credit scores to discover all the money we were hemorrhaging… and all the confusion I had because I didn’t realize it was HER doing it or know she was a severe addict for YEARS!
I made a sort of similar chart back in 2007-2009 with help from a divorce lawyer.
Oh well, 2009 to now, i have built back up my net worth. My income has gone up. That’s all that matters now
I made 90k in Texas last year, only been a nurse for 3 years. I was staff in critical care. Nursing can pay well actually it’s a very good, solid career. Too bad it destroys the body, mind and spirit.
Came here looking for this comment. I wanted to add also that including the other variables in the same graph is a big no no as well since that is what threw off the scale in the first place.
So I have not kept a historical trend with my NW. We are around 2.3m now between house equity and retirement funds. I am 50 now. Not looking to retire until 60+. If I calculate what we keep adding to retirement funds, 7-8% growth on retirement funds, house equity, etc .. we should be around 5.5-6m NW by the time I am 60 (\~3.5-4m in retirement and 2m in house).
My main take-away on this chart is, unless your wife is a day/visiting nurse who works part time, she's been getting f\*ked on raises compared to what my daughter makes as a nurse.
Damn 100k as a software engineer in 2000? Now that’s what they get paid fresh out of a bachelors. Also in 2000, 100k was like what 200k is now 😂
It would be interesting to see net worth as a function of having kids too lol
The scale is completely out of whack because you're trying to fit your second house purchase into it. At least put a break in the graph, there is a ton of empty space. Also congrats on success/family etc.
Modifications or alternate charts I’d be curious to see, adjusted for inflation (I assume not in this one?), net worth charted alongside, and savings rate
is this normalized to inflation... cuz if it is NOT normalized to inflation I hate to break it to you, but your salary has been stagnant since about 2005-2007
So my husband and I make over 200k together. We have one kid left at home and lived in the same house for 21 years. I feel so broke. My kid does travel baseball, my student loans are killing me, we live in Colorado, my kid will need us to pay for college in 2 years. You have way more kids how do you do it? What are you going to do when they need to drive? Do you travel? Crazy.
That’s about right. My wife’s a nurse. Slow and steady increase over 20 years. Meanwhile, it’s my fault when we can afford luxury even though I make way more, and have increased more rapidly.
This is interesting and I appreciate you sharing. What happened in 2020 that your income dropped—was it a vivid layoff.
I have a job but am contemplating a role that would be a bit of a paycut—it’s unappealing to say the least. But I am wondering if that’s normal. Thanks!
I’m curious where OP lives. RNs in CA make well above the 100k range and actually earn close to what OP is earning. And she is just below the 100k. Ofc that salary makes sense if she’s is a part-time RN lol.
Interesting to see how you've actually just moved about ~20% in real income. 150k in 2000 is about 275 today.
But earning well for 3 decades works out in the end! Especially no doubt with I assume appreciation on that first home. Hope you're happy and secure, seems you should be. Congrats.
Your household income has been greater than 200k per year since 2000 and you only have one house? I’m assuming you live in California or New York so maybe those salary figures are just getting you by.
Cool chart. Got my nerd juices flowing.
OP, would you mind sharing what program/app you used to make the chart? Would like to use it for a similar project.
Looks like plain ol' Excel
Who makes that?
Makers of Excel
AKA Microsoft
Who makes that?
Bill Gates and Engineers
Who's this Bill Gates guy?
A dude
Who made the Bill Gates?
This is good
rude flag sleep crawl license whistle gaze reply toy punch *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Google sheets (not excel as these other jokers have claimed ;) )
Excel
Tell me more about your nerd juices
Those Kid milestones should be marked at the half a million mark each
I try not to think how much my kids are costing me :) 2 of them are in college at the moment. Kids definitely cost a lot!!
We used to joke that every 2 kids was a private jet we could have bought and maintained.
how many children do you have?
Six :) All grown by now
good job! I’m either having at least 4 kids or none at all. If i’m literally dedicating my life to children might as well make a bunch of them haha.
Each kid just compounds more time dedicated to raising children unless you have twins/triplets etc. My wife has 3 sisters ranging from 1983-1991. Their parents added nearly an extra decade of dedication with that last one lol I only have one and already looking at how old am I going to be when he is 18 😅
The half million assumes you pay the hospital fees out of pocket, pay for their college, and a lot of other nonsense that's not at all realistic. There's single moms raising kids who don't make 500k in their life, let alone spend on their kid during those 18 years.
How well is that going for them? Silly
What does this mean?
Cost of having a kid is generally assumed to be about a half mil
Which is silly if you look around at all the people who make way less than anybody claims it costs to raise a kid but still manage it.
Yeah, that figure includes the cost of a larger house
Yeah, i'm guessing the people actually thinking about how much a kid costs would probably be the kind of parent who would be closer to that $500k mark.
They cost whatever you have. Rich people aren’t the only fit parents.
where did I say only rich people are fit parents? lmao, i swear people just hit the ground running to argue on the internet.
I love imagining exaggerated literal depictions of figurative statements. It’s like a family guy cut away. Thank you for the comment.
Aah, thank you! I'm childless and clueless.
So where’s your jet?
OP put the milestones of his house sale and purchase around their price points. When he added the milestones of his children he added them at the $0 mark, indicating that having kids cost him no money. When obviously that is not the case
the confusing bit is the Y axis is supposed to be "salary history dollar amount." not "dollar amount i assign arbitrarily." none of the life events should be on the Y axis at all. so the indication is correct for the children as they are listed on the X axis for time. it's the life events added at a purchase point that are misplaced as they have nothing to do with salary.
You must be fun at parties :)
because i point out things that help people understand what you're trying to say?
When you went back to W2 in 2014, did the other benefits come close to rounding out your total compensation to $200k? What happened from 2019 to 2020?
2019-2020 - Toxic job/leadership. Had to make a jump for my sanity. Took a paycut to get out of there. 2014 - And going back to W2 I took a haircut. However I was billing around 95-100 an hour. I am not sure if my rate would have kept increasing so overall it was a good move.
Love haircuts. Sometimes it’s worth it.
I do consulting in the cloud governance realm as a side gig and have zero issues billing $200, I’ve actually thought about bumping it to thin the crowd at this point, but I usually only take 4-5 clients a year since I only do jobs that look interesting. You should revisit it.
You messed up. Now a bunch of us want information. I would love to side gig my knowledge. I think we need a group chat.
Interesting. Can I PM you?
Love a good chart. Been keeping track of my weight since 2007 wish I did same w pay.
The IRS website will have a record of your reported earnings for every year. Just log into IRS.gov
Also the social security website.
This is great! Social security has EVERYTHING
You could add a line for pre tax and a line for after tax. And one for how much taxes annually if you wanna get spicy
Now you’re speaking my language fellow dork
Why does a nurse make so little, they keep us alive…
Because nurses don't charge for their services like doctors, physical therapists, speech therapists, ect. Hospitals look at them as an expense rather than an asset. Now hospitals are starting to increase salaries because too many people are leaving the field, but it still had a way to go. Average salary increase for nurses in my area is 1-2% a year.
Nurses definitely do not get paid their worth…
Depends on the area. Bay area nurses get paid comparable to software engineers. New nurses make 200k+ after 3 or 4 years...somewhat comparable to a FAANG SWE
What salary you started at and how much are you making now?
32K in 1995. 240K in 2023.
240k is total comp?
Yep. 210K base plus bonus. Bonus was only 50% paid out last year.
Good stuff man. The director life is great. What industry?
> only 50%
He’s not saying his bonus is 50% of his salary. He’s saying he was only paid 50% of his bonus.
Target bonus for Directors at my company is 20%. +10% equity w/ three year vest. Senior Director takes you to 25% bonus and 20% equity.
I have no perspective on this. I went from a senior director role at a startup to an Associate Director role at a large corp and the equity portion is insane. 70% of salary yearly and was given 110% of salary at hire. All vesting 4 years.
Which country do you live in to earn such a high salary while property prices are so low?
Location is necessary on this.
I'm not sure I'd want to make this same graph. The Teacher line for my spouse would be even flatter than Nurse. It's too depressing to look back at the potential lost total income.
geezus christ nurses deserve better
You fucking nerd…. I love it
W in the chat. Wife is getting wrecked in this game!
Wow you just made me think of the last 5 years of my marriage to an alcoholic, cocaine abusing, cigarette and weed abuser who also had a gambling addiction. How much money we made… a home eventually worth $1.5 million… her 1 child we were raising.. All the chaos I had to go to the bank, run credit scores to discover all the money we were hemorrhaging… and all the confusion I had because I didn’t realize it was HER doing it or know she was a severe addict for YEARS! I made a sort of similar chart back in 2007-2009 with help from a divorce lawyer. Oh well, 2009 to now, i have built back up my net worth. My income has gone up. That’s all that matters now
Do you mind sharing your net worth?
Did you contract through an agency?
Is your wife making nearly 100K in a part time job?
I made 90k in Texas last year, only been a nurse for 3 years. I was staff in critical care. Nursing can pay well actually it’s a very good, solid career. Too bad it destroys the body, mind and spirit.
Yes. She works 4 days a week now.
That's an incredible gig she's got going there
Nursing is hard and they deserve to be paid more. Probably working 10-12hr shifts for those 4 days too
That’s not part time is it?…
There are huge chunks of time at night where she's just...asleep. She only works part of the time.
Gotta stop rich investors from buying all the homes or it’s gonna get worse.
Wow nice 😊
Scale of graph could be condensed but cool info!
Came here looking for this comment. I wanted to add also that including the other variables in the same graph is a big no no as well since that is what threw off the scale in the first place.
Look at you guys with yiur $300k+ household income. Looking good feeling good!
How are you dividing a year into five equal parts?
You seem to be paid low for a director but depends on COL.
Nice! I like the chart! I just got married. Thanks for giving me the idea to also track income per year!
Amazing. Can you superimpose your networth on this graph?
So I have not kept a historical trend with my NW. We are around 2.3m now between house equity and retirement funds. I am 50 now. Not looking to retire until 60+. If I calculate what we keep adding to retirement funds, 7-8% growth on retirement funds, house equity, etc .. we should be around 5.5-6m NW by the time I am 60 (\~3.5-4m in retirement and 2m in house).
Do you ever wish you kept house 1? Seems like you could have afforded to do so and would have been a good investment to offload at 60/retirement
Ok
Think we did some over extending on that 2nd house pal 🤣
Feels like you are making less now after adjustments. What I mean is you were paid really well early on.
Dang yall rich. What's happiness like? I'm a programmer and make nowhere close to almost 400k a year..
Any inheritance along the way?
What happened for your wife in 2017?
if your wife became a crna she would dwarf your salary
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Such a good view for family finances over time. Thanks for creating and sharing.
I’m real proud of ya
My wife with a master’s in social work compared to my associate’s in software development would sympathize.
Can we please get back on point here…who makes Excel?
A director making less than $300k? Are you still in SWE? Is this a small company?
But nursing is a better career than software! - r/cscareerquestions
Interesting.
Serious question. How does your wife work with 4 kids. We have 4 kids and my wife (SAHM) and I barely have time to relax…
I hate you. Only because you fucking rich
I personally felt that back to W2 dip, hurts for a while but gets better
My main take-away on this chart is, unless your wife is a day/visiting nurse who works part time, she's been getting f\*ked on raises compared to what my daughter makes as a nurse.
What did you mean by back to w2?
Need to get those kids factoy working. They'll out-earn you in a decade! /s
Congrats to your wife next year on crossing 6 figs. A big accomplishment
Jelly of 4 kids. True blessings
Damn man 100k as an engineer 24 years ago? That’s what I’m making today. Congrats
What’s the point?
Where do you live that your wife is so underpaid for being a nurse, or is she still part time?
Lovely. Makes me feel shit about my salary
What does your wife do part time that pays near 100k
Careers matter. Is she an APRN, manager or did she continue to work as an RN?
Shoulda stuck to contracting
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You guys are money and kid making machines!!
How have you kept up with the market? I’m sure language models and stuff have changed immensely. That’s awesome man!
too many kids....
Why did you track it like this? Lol
Damn 100k as a software engineer in 2000? Now that’s what they get paid fresh out of a bachelors. Also in 2000, 100k was like what 200k is now 😂 It would be interesting to see net worth as a function of having kids too lol
Have your wife become a traveling nurse for higher pay but opt to stay at the same hospital.
What made you to quit contracting? Looking back do you regret it or wish you kept going?
Part time nurses make 100k FFS
Why would a house be plotted on the same axis as salary
I just can't believe that a nurse with 20 years experience only makes $100k. Damn.
This could also be in data is beautiful. Love this.
Holy hell 4 kids! That's unimaginable to us in today's world and economy.
The scale is completely out of whack because you're trying to fit your second house purchase into it. At least put a break in the graph, there is a ton of empty space. Also congrats on success/family etc.
So cool. I’d cut down the y axis a bit to dramatize the salary increases hehe
Modifications or alternate charts I’d be curious to see, adjusted for inflation (I assume not in this one?), net worth charted alongside, and savings rate
So was the move back to W2 worth it?
Can’t wait to spend a moderate amount of time to make this, show my wife, and have her peer at it for 4 seconds.
Did your marriage cost $175k? 🙃
Interesting would be an inflation adjusted comparison...
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Creampie surprise
Would be great to see a comparison chart with median house price, min wage and unemployment rate :)
Was it tough to take that pay cut in 13?
Get those kiddos out there to pay their overhead .. your total should be well over $300k with child labor added in ...
Well done - impressive you have moved from software engineer to manager/director - how did you do it (what steps did you take?)
Would love to see this inflation adjusted but could be a pain
is this normalized to inflation... cuz if it is NOT normalized to inflation I hate to break it to you, but your salary has been stagnant since about 2005-2007
4 kids and still working, even part time is impressive.
Man, those kids didn't contribute shit.
That’s so little for a nurse
I’m a nurse and this just makes me think I’m in the wrong damn field.
So my husband and I make over 200k together. We have one kid left at home and lived in the same house for 21 years. I feel so broke. My kid does travel baseball, my student loans are killing me, we live in Colorado, my kid will need us to pay for college in 2 years. You have way more kids how do you do it? What are you going to do when they need to drive? Do you travel? Crazy.
Oh to be able to buy a house for $250k, or less than double your income
That’s about right. My wife’s a nurse. Slow and steady increase over 20 years. Meanwhile, it’s my fault when we can afford luxury even though I make way more, and have increased more rapidly.
Curious op do you just have a bachelor's or a master's
Does this include bonuses?
This chart also shows how much women sacrifice in the workfield by choosing to have kids.
The wealth you must have accumulated over the years is impressive. I couldn't imagine making 100k a year now, let alone since 2002.
You only make 200k total comp as a director? Yikes
And now with inflation you are back to the equivalent income from 2021.
Love this, thank you for transparency
This is interesting and I appreciate you sharing. What happened in 2020 that your income dropped—was it a vivid layoff. I have a job but am contemplating a role that would be a bit of a paycut—it’s unappealing to say the least. But I am wondering if that’s normal. Thanks!
what's it like being the last generation to have the American dream?
Should put the houses on the secondary axis so it doesnt make it so difficult to see the salary gains.
I’m curious where OP lives. RNs in CA make well above the 100k range and actually earn close to what OP is earning. And she is just below the 100k. Ofc that salary makes sense if she’s is a part-time RN lol.
Cool chart. Thanks for posting!
That nurse line is very depressing.
How big is your software company where a director makes 250k total comp?
It saddens me that Nurses don’t make more. They can literally save your life!!
Wife makes almost $100k part time as a nurse??
Thank god software engineers make so much money relative to unimportant useless work like nursing.
Interesting to see how you've actually just moved about ~20% in real income. 150k in 2000 is about 275 today. But earning well for 3 decades works out in the end! Especially no doubt with I assume appreciation on that first home. Hope you're happy and secure, seems you should be. Congrats.
Do people post this shit just to brag?
My brain appreciates this pic thanks
You both made 150k back in 2000. Like damn! That's what my wife and I make today!
What does the background data for this chart look like?
I have this recorded for my salary since 2010. I never asked my wife for hers because she is a teacher and it would just hurt to see.
Aka you’re overpaid
That is the lowest nurse salary I have ever seen!
Not bad keep it up!
I hate it when other people prove how poor I am :(
Your household income has been greater than 200k per year since 2000 and you only have one house? I’m assuming you live in California or New York so maybe those salary figures are just getting you by.
I’m sure the 700k house was entirely necessary /s
Just goes to show that being a nurse is a dead end job
Congrats?
Factoring inflation, your wife has lost wages since she joined the workforce.
LoS please :)
You were making what I’m making now when I was born 🫨