A few years on a salary like that and you may find that you can live fairly comfortably for a long time… in a place where the cost of living and housing are inexpensive.
I have an aunt who is quite old, who has been living for decades in a trailer in Eloy, Arizona. I suspect few people reading this will think that's any kind of an "escape plan", but I have been jealous of her seemingly contented and relaxed retirement for a long time now.
Perhaps you have to weigh it against, "working in the industry you hate for an other decade or two." Could you enjoy yourself in your retirement in your trailer? Is there something more you need to enjoy your retirement?
Most people at Meta (or other FAANGs) are caught up in the game. I have witnessed this first hand in the bay area.
They forgot what the end-goal is. They are just on the hamster wheel waiting for the next vest or next promo so they can brag they were made "staff" or "director". Every other discussion was about artificial levels and other corporate BS that those companies put in front of you to keep you grinding.
Meanwhile when you ask why not retire now that they saved 10M$. Most of them have no idea what they would spend their time doing. Their biggest achievement and satisfaction is to play that artificial money game.
I'm exaggerating for (poor) comedic effect, as Meta has to pay more to attract people. Every time they've ever tried to recruit me I've lol'd at them and said I would never work there under any circumstances.
I mean... their stock is up more than 1,000% since 2014. Anyone who has been there for a few years should have multiple refreshers that have grown significantly in value.
All the more reason to head out.
A few years on a salary like that and you may find that you can live fairly comfortably for a long time… in a place where the cost of living and housing are inexpensive.
I have an aunt who is quite old, who has been living for decades in a trailer in Eloy, Arizona. I suspect few people reading this will think that's any kind of an "escape plan", but I have been jealous of her seemingly contented and relaxed retirement for a long time now.
Perhaps you have to weigh it against, "working in the industry you hate for an other decade or two." Could you enjoy yourself in your retirement in your trailer? Is there something more you need to enjoy your retirement?
Most people at Meta (or other FAANGs) are caught up in the game. I have witnessed this first hand in the bay area.
They forgot what the end-goal is. They are just on the hamster wheel waiting for the next vest or next promo so they can brag they were made "staff" or "director". Every other discussion was about artificial levels and other corporate BS that those companies put in front of you to keep you grinding.
Meanwhile when you ask why not retire now that they saved 10M$. Most of them have no idea what they would spend their time doing. Their biggest achievement and satisfaction is to play that artificial money game.
The mean became the end. Very sad.
You're saying the average dev at Meta is making 7 figures?
I'm exaggerating for (poor) comedic effect, as Meta has to pay more to attract people. Every time they've ever tried to recruit me I've lol'd at them and said I would never work there under any circumstances.
There are quite a few making that much yearly but not the average. Median swe at meta is almost surely >1MM net worth at least and maybe even 2.
I mean... their stock is up more than 1,000% since 2014. Anyone who has been there for a few years should have multiple refreshers that have grown significantly in value.