How much money would you trade in your Pharm.D degree?

confettiflyer

Did you just say something?
10+ Year Member
Dec 19, 2004
9,293
2,573
Best Coast
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Pharmacist
$2.5M after tax.

Assuming a 4% annual withdrawal rate I'd be living on $100k after tax.
 

msweph

5+ Year Member
Jun 27, 2013
2,294
1,038
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Pharmacist
I'd be happy to go back in time to 18-- relive college and pick something different ( knowing the market etc now). Tho I do like my job a great deal now.
 
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BeLikeBueller

Doctor of Comic Relief
Oct 3, 2013
303
101
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Pharmacist
I'd take 87 cents, a pack of gum, and a paper clip.

No, I'm just kidding. Big-box retail wants you to sell your soul for a lot less these days though...
 

Dred Pirate

5+ Year Member
Jan 18, 2014
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depends.
Do I have to fall back on my BA degree? if so, thinking it would have to be 1 million (the interest I make on it + what I would make with my old degree to make up the difference.)

If I could go back in time and change professions? Give me 500k and I will get my Phd and do research at a big university
 

bacillus1

10+ Year Member
May 27, 2008
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Considering I have no bachelor's degree, I would say 2 million. That can support me for a while.
 

297point1

Never faster
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Aug 17, 2009
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Fortunately, I actually enjoy my job, and could only envision doing one other thing. However, that other thing would represent a significant salary cut.

(Current salary x years until retirement) + (Engineering school tuition x 3 years) - (anticipated engineer salary x [years until retirement - 3 years]) = $2.45 million

Looks like I am staying put.
 

Dred Pirate

5+ Year Member
Jan 18, 2014
2,420
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Pharmacist
Fortunately, I actually enjoy my job, and could only envision doing one other thing. However, that other thing would represent a significant salary cut.

(Current salary x years until retirement) + (Engineering school tuition x 3 years) - (anticipated engineer salary x [years until retirement - 3 years]) = $2.45 million

Looks like I am staying put.
well my "dream job" would be owning a beach bar in Anguilla, but still having enough money to fly back to the US whenever I wanted. So I guess I would need about 5-10 million for that and keep my standard of living.
 
May 23, 2013
28
5
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Pharmacist
the cost of tuition/living expenses during engie school, cost to get my pharmd, and lost earning potential during school.

Honestly I'd probably do it for less though...just the cost of school and 1/2 the earnings lost during school.
 

Aznfarmerboi

Senior Member
10+ Year Member
May 18, 2005
2,094
167
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Pharmacist
10 million...

Anybody who is willing to trade their degree for 200k, 500k, or a mil is an idiot, unless they can not find a job or is a loser. 200k- a million is not worth 6 years of my life, and the income that I made after.

I already made a million from my degree..., while my friends are at half that.

Time are tough but without a pharmD, we will generally be doing a lot worst...

And I have a lot of friends who went to medical school or in finance. They are generally equal at income to me but have the potential to make a lot more in the near future. However they sacrifice their youth for that. I was able to enjoy my 20's popping bottles in Vegas and driving nice cars.

PharmG!
 

BidingMyTime

Lost Shaker Of Salt
10+ Year Member
Oct 2, 2006
3,656
2,722
Illinois
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Pharmacist
I would not trade in my degree. Maybe if pharmacist became as obsolete as elevator operators, then I might consider it. Otherwise, I still think it is a great career & a great field, and far more promising then many other job fields.
 
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Momus

10+ Year Member
Apr 2, 2008
3,434
1,818
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Pharmacist
I'd trade it for free. Just make me 17 again. I'd choose a different profession.
 

zelman

7+ Year Member
Nov 27, 2009
3,427
3,038
Status
Pharmacist
Can I keep my licenses? The degree itself has done all it's going to do for me already.