What annual wage do you want at the peak of your career and from what job?

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Reply 20

cl_steele

$80,000+ anything less will put your living standards through the floor :colonhash:

Reply 21

Mazzini

Original post by Konvict Muzic.

Doctor, lawyer?? something different??

Gosh no

Reply 22

Swanbow

Not too bothered about absolute figures so long as I can pay the mortgage and bills and afford to look my family. Over £30k and I'll be pretty happy, especially if I'm married and my wife is also working.

Reply 23

LexiswasmyNexis

Original post by Konvict Muzic.

go away, talk to the hand

Classic response from somebody realising they've been a tool.

Jobs which can net you £55k before you are at the peak and rough level of experience:

1. City lawyer at NQ
2. Commercial Solicitor at around 6PQE outside London
3. Barrister
4. Deputy Head teacher
5. Accountant after 5 years
6. Doctor after 4ish years
7. University Professor
8. Store manager of large retail stores
9. Investment banker after a couple if years
10. Bank managers of large banks
11. Plumbers who get work and have responsibility
12. Project managers
13. Engineers
14. In fact, most upper middle management roles in any sector
15. Dentists almost straight after qualification
16. Consultants (non medical)
17. Most recognisable TV presenters
18. MPs
19. Good salespeople

The list goes on and on.

Note also (again) that I stated what my reasonable expectation is, not what I'd be 'happy' with.

Perhaps next time you'll think before posting an offensive comment.

Posted from TSR Mobile

Reply 24

Sir Killalot

If I earn more than £35,000 I'll be more than happy. I imagine it will be some time before I start to see money like that however.

Slight problem though is that I really have no idea what I want to do for a career.

£100k+

TSR Mod.

Original post by Develop

Are all these figures what you hope to make before tax? I never realised until recently just how much tax takes off:

If you earn £35k you actually pocket £26k
£30k , you pocket £23k ,
you can use this calculator: http://www.moneysavingexpert.com/tax-calculator/

Jesus christ that's ridiculous!! They take so much!

Reply 27

1234sam1234

Maybe £125,000 (£76k take home) at the peak of my career- I want to be a lawyer.
I'd be happy with £80k (£53k take home) I think.

Knowing my luck, I'll probably net about £14k in low level admin :frown:

All of these wages are at today's prices (thinking like an economist)

(edited 11 years ago)

Reply 28

scrotgrot

Original post by LexiswasmyNexis

It isn't greedy if it's the realistic truth. I never said I was happy or unhappy with that figure. FWIW I am a bit overwhelmed at the prospect.

The fact of the matter is I know what I'll be paid for the first 5-7 years of my career, and the figures I give are based on that progression.

I don't necessarily think it is an outrageous amount to make at the PEAK of a career- £50k is less than most of my family earn and they are in various professions.

Posted from TSR Mobile

I agree with you. £50-£60k is a more than reasonable expectation for the end of your career if you are in a profession. Lawyering is a profession.

Reply 29

xoxAngel_Kxox

I am a writer. I enjoy writing novels the most, but have to do a lot of freelancing at the moment to pay the bills, because my novels aren't exactly best sellers.

My dream would be for the sales of my novels to earn enough to allow me to concentrate on my novel writing without having to put it to the side because I can't afford not to work. I would be completely happy with £1,000 a month, which would be enough for me to pay rent (although I will soon own a flat so this won't be a problem) and bills/shopping.

Of course I'd love to be a bestselling author and earn millions a year, with people loving my books- but I'm realistic, and completely understand that it's not likely to happen.

Reply 30

tengentoppa

I'm hoping to be a solicitor at a regional law firm so I'd love to be earning 60K at the peak of my career. I might also try to be an EU civil servant where you start off at roughly 40K.

"Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat." Theodore Roosevelt

Reply 31

nicatre

I'd be happy earning what I need to have things which are needed and have a bit left over for myself. I'm going into research so it's likely I'd never earn a huge amount but £70k/pa would be about the most I'd ever aspire to.

Reply 32

piette

Original post by Konvict Muzic.

I have to be honest, I can't set a limit but I'd love to earn loads of money annually but I'd be happy with £35,000 per year minimum, job = Pharmacist
yourself?

I would advise against going into pharmacy. Recently, supermarkets have joined forces in an attempt to lower pharmacists' wages. My mum is a pharmacist and the only reason she gets a decent wage is because she has a part share in the business that she works for (a small chain of 7 shops, plus a drugs wholesale company and a wholesale warehouse and a disabled mobility aids supplier), so as well as her wage (~£58000 annually) she also gets a share in the profits from sales and government payments for prescriptions etc (~£75000 annually).

As for me, I'm not entirely sure what I would like to be yet but my thoughts have spanned:
- High end piano teacher of advanced students in London (£60-£100 per hour --> Anything up to £350k per year depending how much work I was doing)

- A job high up in Sotheby's or Christie's auction houses in London working with Russian Art (Hopefully at least £100k per year)

- Starting my own business specialising in auctions and private sales of Russian Art and silver (£300k-£400k per year, but big risk involved here)

I would like to end up living in the Kensington area of London. Ideally, I would live in a nice townhouse in any nice UK City, but London is probably the best for the type of job I am seeking, however even if I inherited my mother's share of my grandparents' wealth, it would still only pay for half of a nice house in Kensington, so maybe I will have to aim a little higher than £300k per year! Back to the drawing board...

Reply 33

scrotgrot

Original post by piette

Good Lord, what a world you people live in!

Reply 34

llessur123

Original post by Cape Verde

Which profession are you looking into?

Not really sure. I've got an offer for Biology which I hope would lead to graduate entry medicine although I'm taking a gap year and I've been looking into economics quite a lot. We will have to see.

Reply 35

Cape Verde

Original post by llessur123

Not really sure. I've got an offer for Biology which I hope would lead to graduate entry medicine although I'm taking a gap year and I've been looking into economics quite a lot. We will have to see.

Medicine is quite competitive and requires top grades I advise you to take chemistry and biology. Voluntary work in hospitality during gap year would also be beneficial.

Good luck with deciding what to do and economics isn't so bad either you might want to take maths with it though :smile:

Reply 36

Cape Verde

Original post by scrotgrot

Good Lord, what a world you people live in!

Nothing wrong with being ambitious.

Reply 37

MalteseMalteser

Something around the £45k mark should see me satisfied.

I'd love to be an investment banker (but judging from the uni I'm going to and how difficult the industry is, this is extremely unlikely).

Otherwise I'd like to be an economist or a banker (not necessarily front office, more like back office) but I really wouldn't mind being an accountant!

I think anything Economics-related would do me fine.

Reply 38

Bloodbath

£1m minimum

serial entrepreneur

realistic £200k

Worst case scenario: £60k

Reply 39

M1011

I was going to tell people in this thread off for not aspiring for more. It's not a crime to aim high after all! However I believe the blind ambition in the below post on its own balances out all the 'I'd love to make 30k at my peak' posts.

Original post by piette

As for me, I'm not entirely sure what I would like to be yet but my thoughts have spanned:
- High end piano teacher of advanced students in London (£60-£100 per hour --> Anything up to £350k per year depending how much work I was doing)

- A job high up in Sotheby's or Christie's auction houses in London working with Russian Art (Hopefully at least £100k per year)

- Starting my own business specialising in auctions and private sales of Russian Art and silver (£300k-£400k per year, but big risk involved here)

I would like to end up living in the Kensington area of London. Ideally, I would live in a nice townhouse in any nice UK City, but London is probably the best for the type of job I am seeking, however even if I inherited my mother's share of my grandparents' wealth, it would still only pay for half of a nice house in Kensington, so maybe I will have to aim a little higher than £300k per year! Back to the drawing board...