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When my parents were first married (1960), they were both school teachers and had a combined yearly salary of $6,600. |
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Did you all have 3 kids and a wife to feed, and a house you had just bought? Probably not.
What if you made that 24k, and then you lost your job? For a time, my father, with a fairly new PhD, worked as a custodian and delivered newspapers. |
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My FIL made less than that. |
My salary has greatly exceeded the rate of inflation over the last 13 years because I have continued to enhance my educational background, learn new skills and accumulated a broad wealth of work experience in different actuarial disciplines.
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