Mon Apr 08 2024, by Tyler Gardner

I'll bet I make way more money as an investment banker than you do as a teacher in New Hampshire. Maybe. Let's see how this one plays out.

My starting salary is $150,000 right out of undergrad. And that's just the base salary. I moved to the city, bought an Audi A4, and a brand new Rolex. You know, because I'm super successful, and that's what successful people do.

Awesome! My starting salary was only $40,000, but I moved to New Hampshire with no income tax, got a small house near my friends, bought a used Subaru Outback, and I bought my first Timex. That looks a lot like my Rolex.

I make over $400,000 a year now as Vice President, upgraded to an Escalade, and not only do I have multiple Rolex watches, but I now have a few Patek Philippe. I'm sure you've heard how much those cost.

I've only gotten a $10,000 raise over the last decade, but because I learned to live on less at an early age, I've just invested all that extra money into my IRA. And I never needed a new watch, because my Timex still works.

Sure, that's not my Rolex? It seems like every time I get a fancy car or watch, my friends just get something even fancier. I can't keep up with this. I gotta move to Greenwich now and start throwing elite parties just to keep up with them.

I still have the same place in New Hampshire, only paid off. My retirement account has over a million bucks thanks to 30 years of compound growth. Who knew that just a little each month could grow so large? Who knew my Timex would last for 30 years? Okay, give me my Rolex back. I might need to sell it.

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