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-   -   Starting late to be an Engineer... (http://www.chiefdelphi.com/forums/showthread.php?t=31594)

Matt Attallah 07-12-2004 21:27

Re: Starting late to be an Engineer...
 
Quote:

Originally Posted by Wetzel
One thing to think about with a mid carrer job change is retirement. I do not know what, if any, retirement plan you have now, but you do need to think about that. I really don't have advice on this, but just something else you should be considering that I hadn't seen mentioned...

Wetzel - that was another reasion why I chose this. For mechanics in my area - there is NO retirement plan (atleast for my age. They greatly discourage that here.) That's another push for my plan to go to college. They want to pay me 13-14/hour while they charge 75-80/hour. They are looking to GREATLY increase the gross profit margin for themselves. I realise they have a business to run also (it's by no means cheap to run a shop) but when you are geting someone young (and they are counting on my 'stupidness')and low-balling them (VERY LOW) it's not quite fair. I make more per week at my current shop b/c I now know the average 'correct' pay for my age/experience compared to the low-ball number the dealer gave me.(this is even after asking them for a raise once proving how much I have made the dealership.)

Also - would you call this a "mid-stream career change?" I'm only 19 ;) and still have the spunk of a 13 year old? :)

Wetzel 07-12-2004 21:39

Re: Starting late to be an Engineer...
 
Quote:

Well - I have decided that I'd like to do this until I'm 25-30 and from there I'd like to become an engineer.
That was what I was looking at. Waiting 10 years to start your savings has a major impact on the compound interest. You should start saving on your own now anyway. Compound interest is the best thing ever.


Wetzel


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