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Comment by paulpauper | Hacker News Reader

being a doctor is rare?

Yes, becoming a wealthy doctor is rare.

Again, the original point isn’t that it’s impossible to get rich by selling your time but that you’ll most likely need some leverage (i.e. in the form of owning a business)

Most doctors retire with millions if they want. Pediatricians make more than most engineers

Becoming a doctor in the US is the most sure fire way to become wealthy across a whole occupation class. Less so today, as they are being squeezed, but they had a goldmine from 1980 to 2010s.

If you’re not becoming wealthy with these kinds of average incomes, you’re doing something wrong:

https://www.medscape.com/slideshow/2019-compensation-overvie...

A doctor making 7 figures is rare. Source: I am a doctor

Being a doctor that makes 7 figures is rare, yes.

Or an engineer at FAANG+M? There's literally millions of us.

FAANG is engineers do great but not sure I’d classify the vast majority of them as rich...

Do you like upper middle class better? No, they're not flying private jets but unless they're right out of school with a lot of debt they're probably pretty comfortable.

> Or an engineer at FAANG+M? There's literally millions of us

“Software and Web Developers, Programmers, and Testers”, total, in the US are under 2 million, and FAANG+M are a small fraction of that. FAANG+M is around 1 million total employees, but most of that is Amazon, non-software.

The idea that there are millions of FAANGN+M software engineers is simply nowhere close to true.

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