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

Discussion in 'Pharmacy' started by BMBiology, Oct 1, 2014.

  1. BMBiology

    BMBiology temporarily banned~! 10+ Year Member

    Feb 26, 2003
    200 k? 500 k? 1 mil?
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  3. Vash350z

    Vash350z 2+ Year Member

    Sep 21, 2014
  4. Gombrich12

    Gombrich12 2+ Year Member

    Dec 4, 2013
    Right now? I'd say about 800,000, after graduation 1.2 mill or so.
  5. confettiflyer

    confettiflyer Did you just say something? 10+ Year Member

    Dec 19, 2004
    Best Coast
    $2.5M after tax.

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

    msweph 2+ Year Member

    Jun 27, 2013
    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.
    BeLikeBueller likes this.
  7. Mad Jack

    Mad Jack Critically Caring Gold Donor Classifieds Approved 2+ Year Member

    Jul 27, 2013
    4th Dimension
    I'd give you about tree fiddy for one nowadays.
  8. BeLikeBueller

    BeLikeBueller Doctor of Comic Relief 2+ Year Member

    Oct 3, 2013
    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...
  9. Dred Pirate

    Dred Pirate 2+ Year Member

    Jan 18, 2014
    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
  10. bacillus1

    bacillus1 7+ Year Member

    May 27, 2008
    Considering I have no bachelor's degree, I would say 2 million. That can support me for a while.
  11. 297point1

    297point1 Specializing in Mergers and Acquisitions Pharmacist 7+ Year Member

    Aug 17, 2009
    In the trenches
    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.
  12. Dred Pirate

    Dred Pirate 2+ Year Member

    Jan 18, 2014
    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.
  13. aznjeff07

    aznjeff07 2+ Year Member

    May 23, 2013
    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.
  14. IndustryPharmD

    IndustryPharmD Here to Help SDN Advisor 7+ Year Member

    Jul 7, 2007
    High Tax State
    Nothing I wouldn't trade in for $500 milion in cold, hard cash.
    BidingMyTime likes this.
  15. nnguyenc

    nnguyenc 7+ Year Member

    Mar 19, 2008
    Northern Virginia
    just give me back my tuition money and 10 years of my life back, cut my losses
  16. type b pharmD

    type b pharmD 7+ Year Member

    Feb 24, 2009
    I would trade it in for 500 million, but just because it would be super expensive to replace the satisfaction that the career brings.
    BidingMyTime likes this.
  17. Aznfarmerboi

    Aznfarmerboi Senior Member 10+ Year Member

    May 18, 2005
    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.

    type b pharmD and BidingMyTime like this.
  18. BidingMyTime

    BidingMyTime Lost Shaker Of Salt 10+ Year Member

    Oct 2, 2006
    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.
    type b pharmD likes this.
  19. Momus

    Momus 7+ Year Member

    Apr 2, 2008
    I'd trade it for free. Just make me 17 again. I'd choose a different profession.
  20. lisinopril

    lisinopril Account on Hold Account on Hold 2+ Year Member

    Feb 16, 2012
    I'll trade my Pharm.D with 1 Million in cash....
  21. zelman

    zelman 7+ Year Member

    Nov 27, 2009
    Can I keep my licenses? The degree itself has done all it's going to do for me already.

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