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169 LSAT -> CLS -> enter biglaw at 26 -> retire at 35 with $1.5M
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Date: June 27th, 2017 7:24 PM Author: Bateful Box Office 180 as fuck. Not sure why this board is always talking shit about biglaw. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656017) |
Date: June 27th, 2017 7:29 PM Author: comical selfie CLS cost of attendance - $91,540 per year
http://www.law.columbia.edu/financial-aid/costs-and-billing/costs-budgeting
So you start $275k in the hole, plus compounding interest.
You will be at zero by the end of year 4 or so. 5 years of biglaw savings post-tax minus NYC expenses (assuming you last 9 years) with compounded gains is like $600k if you live like a miser. Sorry friendo. |
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Date: June 27th, 2017 7:31 PM Author: Bateful Box Office lol nobody pays 63K a year tuition, that has to be flame. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656099) |
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Date: June 30th, 2017 5:32 AM Author: Coiffed wild ladyboy plaza Oh so he has $650k (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33674346) |
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Date: July 21st, 2017 9:08 PM Author: nighttime abnormal bawdyhouse *spits 4loko out of mouth* (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33827881) |
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Date: June 27th, 2017 7:33 PM Author: grizzly dopamine Lol (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656122) |
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Date: June 27th, 2017 7:34 PM Author: mustard home Niggerlumbia Log Skull (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656133) |
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Date: June 27th, 2017 7:34 PM Author: grizzly dopamine Lol. Just looooool "just last in biglaw for 10 years and live like a monk in a major city"
Kill yourself, you made a bad decision |
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Date: June 27th, 2017 7:35 PM Author: Vigorous Sex Offender This. Assumes never getting married, having kids, or leaving BigLaw. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656145) |
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Date: June 27th, 2017 10:04 PM Author: Anal boistinker casino This is a totally reasonable plan for a 130 IQ MGTOW sociopath autist (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33657215) |
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Date: June 27th, 2017 10:05 PM Author: cream yapping toilet seat the xo story (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33657226) |
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Date: June 29th, 2017 2:22 AM Author: Fishy mad cow disease in other words, most service partners these days (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666243) |
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Date: June 27th, 2017 8:59 PM Author: Aquamarine multi-billionaire native lol (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656767) |
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Date: June 27th, 2017 9:00 PM Author: cream yapping toilet seat lol is 169 really good enough now for CCN? (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656772) |
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Date: June 27th, 2017 9:01 PM Author: grizzly dopamine Yeah (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656775) |
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Date: June 27th, 2017 9:02 PM Author: cream yapping toilet seat fuck this gay earth (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656778) |
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Date: June 27th, 2017 9:05 PM Author: grizzly dopamine (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33656799) |
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Date: June 30th, 2017 5:33 AM Author: Coiffed wild ladyboy plaza (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33674347) |
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Date: June 29th, 2017 5:13 AM Author: curious fuchsia reading party OP is dumb but it is extremely frustrating looking back over a decade plus and millions of dollars earned and thinking about where that money went and what I have to show for it. After the enormous sum of federal taxes, the most frustrating thing to think about is how much money I handed over to rent seeking landlords and bankers. If I total up all the personal indulgences like eating more expensively than I could've or the occasional splurge purchase or nice vacation it's all a drop in the bucket compared to the hundreds of thousands I paid to live in a halfway decent dwelling. And it's even more infuriating to know that my generation will never have the opportunity to profiteer in the same manner because fucking boomers decaying corpses will end up flooding the market and depressing the real estate prices for decades in their final act of intergenerational warfare. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666427) |
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Date: June 29th, 2017 5:15 AM Author: Exciting black useless brakes this is profoundly depressing (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666430) |
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Date: June 29th, 2017 5:42 AM Author: Galvanic Sexy Immigrant Range Good morning to you too (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666456) |
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Date: June 29th, 2017 9:07 AM Author: Anal boistinker casino (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666834) |
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Date: June 29th, 2017 7:38 AM Author: Vivacious Indigo Chad should have said no to that avocado toast (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666615) |
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Date: June 29th, 2017 9:35 AM Author: Shivering roast beef (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667016) |
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Date: June 29th, 2017 9:29 AM Author: Aqua persian 'hundreds of thousands I paid to live in a halfway decent dwelling.'
are you single? where the fuck have you been living? If you're complaining about your net worth when you chose to rent a $4k/month apartment for a decade then you're an idiot. |
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Date: June 29th, 2017 12:47 PM Author: curious fuchsia reading party I'm obviously married and have lived in extremely expensive cities for most of my career. 95% of my net worth has been created during the last 3 years when I've been are country in-house. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33668359) |
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Date: June 29th, 2017 9:33 AM Author: Maize trailer park You couldve split a studio with a couple bros easy (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667003) |
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Date: June 29th, 2017 11:23 AM Author: Hyperactive forum (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667747) |
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Date: June 29th, 2017 2:03 PM Author: mint duck-like indian lodge Final sentence is cr (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669037) |
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Date: June 29th, 2017 2:33 PM Author: Bateful Box Office Sounds like you are the dumb one. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669348) |
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Date: June 29th, 2017 6:18 AM Author: bat shit crazy hyperventilating school cafeteria alpha ljl at just do 9 years of biglaw (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666504) |
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Date: June 29th, 2017 3:19 PM Author: boyish cowardly business firm (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669794) |
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Date: June 29th, 2017 6:54 AM Author: Turquoise contagious menage pisswyrm (it is 2007) (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666528) |
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Date: June 29th, 2017 6:55 AM Author: Salmon library how do you retire at 35 with $1.5m? (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666531) |
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Date: June 29th, 2017 9:06 AM Author: dashing meetinghouse Live in flyover on 45k a year. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666825) |
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Date: June 29th, 2017 9:06 AM Author: Salmon library how do you get your 90k (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666829) |
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Date: June 29th, 2017 9:33 AM Author: Maize trailer park 3% withdrawal rate. Are you dumb? (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667009) |
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Date: June 29th, 2017 9:41 AM Author: Salmon library he initially typed 90K (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667047) |
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Date: June 29th, 2017 9:07 AM Author: Anal boistinker casino Easier to just do sales for 5 years (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33666840) |
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Date: July 21st, 2017 9:04 PM Author: motley bearded state newt (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33827846) |
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Date: June 29th, 2017 9:40 AM Author: Aqua persian just do BIGLAW in a secondary market after going to LS on full scholarship and live with your parents (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33667036) |
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Date: June 29th, 2017 9:51 AM Author: hideous thirsty den (me at 25)
I went down a very similar path but couldn't survive biglaw and went to a smaller firm. I'm thrifty but life in a big city is expensive, especially if you want to date and have a social life. I've managed to stow away over 500k and I've got a few years before I reach 35. 1.5 million by 35 is really tough for someone going down the standard elite law school to law firm path. I dont know of anyone who's done it. |
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Date: June 29th, 2017 2:06 PM Author: Maize trailer park Live as cheaply as possible. Brown bag your lunch every day, own only one suit, studio apartment in the cheapest neighborhood close to work, dont own a car and bike to work, never eat out or drink alcohol. All these things will improve your life as well. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669063) |
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Date: June 29th, 2017 2:13 PM Author: Honey-headed place of business crackhouse none of that shit matters. Penny pinching doesn't get you to $1.5m. All that matters is the loans you have and if you get lucky with RE or stock market and earn some more income that way. Biglaw income alone won't get you there, even if you live at home and your parents pay for all your food. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669146) |
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Date: July 20th, 2017 9:47 PM Author: Bateful Box Office Reasonable investing and frugal living gets you there with 6-8 solid yrs at a firm, don't need to do anything crazy. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33820518) |
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Date: June 29th, 2017 4:18 PM Author: bat shit crazy hyperventilating school cafeteria alpha so I work for 14 hours a day, go home, make my dinner, and my brown bag lunch for the next day, watch an hour of Netflix then repeat? sounds like a great way to spend ages 25-35 (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33670400) |
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Date: June 29th, 2017 6:49 PM Author: boyish cowardly business firm Lmao (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33671530) |
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Date: June 30th, 2017 5:34 AM Author: Exciting black useless brakes jfc (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33674349) |
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Date: June 29th, 2017 2:32 PM Author: Gay know-it-all really tough guy And in that time you've gone from a Norwood 2 to Norwood 4 (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669337) |
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Date: June 29th, 2017 2:36 PM Author: hideous thirsty den Rogaine has me back to Norwood 3. I also purchased 15 lbs dumbbells that I lift in my spare time so when my hair situation inevitability gets worse I'll be jacked enough to pull off the shaved head look. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33669373) |
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Date: June 29th, 2017 4:23 PM Author: emerald massive whorehouse the only people who managed this had leveraged investments during the bull market. not a large set of people given that you have to be a bit crazy to take our big leverage when you have student loans. (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33670439) |
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Date: June 29th, 2017 4:33 PM Author: hideous thirsty den "not a large set of people given that you have to be a bit crazy to take our big leverage when you have student loans."
And basically no lawyers. |
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Date: June 29th, 2017 4:36 PM Author: emerald massive whorehouse True, I only know one other associate who has >= 100% equities
Although i knew a few with mortgages |
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Date: July 21st, 2017 8:58 PM Author: Concupiscible dragon (http://www.autoadmit.com/thread.php?thread_id=3660111&forum_id=2#33827804) |