I'll soon be 67, graduated from in '83 after a mission and taking my time dating at BYU. I made $46,600 in 1985, adjusted using the CPI Inflation Calculator about $133,600 today.
I am reading from all of you that a person like Baylor with his talent, connections and years out of school is only making $60k to $100k. Boomers who were professionals or reasonably paid and retired at 66 1/2 now collect $36k to $45k per year in social security. Reading what all of you are saying, I need a remedial update in Silicon Slopes economics.
I first worked in Silicon Valley for a business forms printing company, an industry which no longer exists. Guys at Oracle or ROLM Systems were making much, much more than me. Next at IBM I did better at around $150k (today's dollars, adjusted for inflation), but that is not close to what I thought tech and software sales is paying these days. Or even pest control.
By today's standards, I consider myself to have been a mid-level earner. And I do understand the horrible cost of living and real estate your generation is dealing with. It's a crime against the American Dream. I'd like to blame it all on Clueless Joe, but he's just a big part, not all of it.
I taught adjunct in the Business School for 16 years, but how fast we fall out of touch. I am known to make fun or you guys for working from home and barely owning a sport coat other than for church. (I'm old enough and since old guys don't get many callings these days, I think I have the right to only wear a sport coat to church too.) In the 80's and 90's we wore suits, starched white shirts and ties and carried leather brief cases, one of which I still have as a keepsake. At one job, I was required to own a tuxedo for high level social gatherings and fund raisers, but I had to buy it myself. So starched shirts, suits and the rest was just a cost of being employed.
My son is 32, didn't finish at UVU, works in operations for a national chemical company, training to become plant health and safety manager. He's new with them and I think he makes in the mid-60s with good upside. I bug him to just finish saying that with a bachelor's degree he would immediately double his earnings. Maybe another dumb old dad thing?
By choice, I am no longer connected to the tech world I once lived in. I can use my iPhone and laptop, fish but only from a boat (disability thing) and work in our small home garden in Utah County. And BYU games.
Back to Baylor, his wife is a Physician Assistant and Intermountain pays PAs and Nurse Practitioners around $60 to as much as $89 per hour. So that can be a nice kick to the household income, whatever guys like him make.