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What Happens When All The Engineers Are Rich Enough To Retire?
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Have you ever wondered what happens when all the engineers are rich enough to retire? Historically, this was never all that likely but with how big tech companies have been recently performing, it’s becoming the reality and making companies. The most notable example is none other than Nvidia. In fact, the average Nvidia employee is likely worth over $10 million given that Nvidia employees tend to have longer tenures and the fact that the stock has grown hundreds of fold within the past decade. So, what happens when all of these engineers decide to take it easy and retire? Well, ironically this is rarely the situation that ends up happening due to a variety of reasons. For starters, these engineers are constantly surrounded by people who are just as well off, so they never feel the need to retire when no one else has. Moreover, most of these engineers have always lived well below their means and stopped working for money alone long ago. This video explains the rise of engineering deca millionaires and why that may not matter all that much.
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Timestamps:
0:00 - Engineering Net Worths
2:12 - Never Rich Enough
6:26 - Finally Rich Enough
10:18 - The Reality Of Tech Fortunes
Resources:
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
Have you ever wondered what happens when all the engineers are rich enough to retire? Historically, this was never all that likely but with how big tech companies have been recently performing, it’s becoming the reality and making companies. The most notable example is none other than Nvidia. In fact, the average Nvidia employee is likely worth over $10 million given that Nvidia employees tend to have longer tenures and the fact that the stock has grown hundreds of fold within the past decade. So, what happens when all of these engineers decide to take it easy and retire? Well, ironically this is rarely the situation that ends up happening due to a variety of reasons. For starters, these engineers are constantly surrounded by people who are just as well off, so they never feel the need to retire when no one else has. Moreover, most of these engineers have always lived well below their means and stopped working for money alone long ago. This video explains the rise of engineering deca millionaires and why that may not matter all that much.
Have top companies and the government pay you:
(iOS App for US Residents)
Free Weekly Newsletter With Insiders:
Socials:
Discord Community:
Timestamps:
0:00 - Engineering Net Worths
2:12 - Never Rich Enough
6:26 - Finally Rich Enough
10:18 - The Reality Of Tech Fortunes
Resources:
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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