What Does A 5 Figure Salary Get You?

Yusra3

VIP Contributor
If you're looking for a job, you might be wondering how much money a 5 figure salary gets you. We're here to help!

A 5-figure salary means that your annual salary is $100,000 or more. With a 5-figure salary, you can afford to live in an apartment, buy new clothes every season, eat out at fancy restaurants, take vacations once a year (maybe twice), and have enough money left over to do whatever else you want.

The truth is that the average salary of someone who has been working full-time for 20 years is somewhere around $30,000 per year. so if you're working 30 hours per week, 4 days per week, it would take you almost 2 years to make that same amount of money just by working 40 hours per week. That's not even accounting for taxes or any expenses beyond your salary like student loans or car payments or health insurance premiums!
 

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