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Well 200k...translates into about 128k after tax. At this level you are trading time for money. I need both. From my experience.....200k does come with a lot of stresses. It would be better to earn 150k with high tax effectiveness (property deductions and depreciation) with a net of...

Lets also keep it in perspective.....the people on 200K pa are in job which could dissapate quickly. I have a reasonable 6 figure income..and now do not concentrate on getting payrises. Last year no pay rises were given due to the GFC.....yet I made more out of rental and CG that year...

I can second that....most of the people in IT Consulting organisations who on over 150K have substantial experience. Typically we are talking 20 plus years experience. Associate Directors/Directors (not the highest level) in consulting firms make between 155K - 300K. But they also have sales...

I am have been reading this thread...LMAO!!!:p I reckon Deltaberry and DeeHwa (as Aussie said maybe the same!)......have taken serious drugs. In most professions one does not start on a 100K....and wait attitudes like Deltaberry and DeeHwa they are unlikely to last in any of the bluechips...