Regular Jobs that Could Make You a Millionaire Soon
Is it possible to be a millionaire by collecting a paycheck at the end of every month? Here are Regular Jobs that Could Make You a Millionaire Soon.
If we think about very high paying jobs, we often point to entrepreneurs, or specialist occupations such as being in a band (referring to those that are successful) or acting, but not the regular folks checking into work day in and day out.
According to the U.S. Census Bureau, the average household income back in 2016 was $59,039, so saving one million was no small feat.
According to Statistica, only 12.4 percent of American households earn $75,000 – $99,000; 14.1% earn $100,000 – $149,000; 6.6 % earn $150,000 – $199,000 and 7 % earn over $200,000.
What type of job do you need to save a million? That’s what we’ll find out — what regular jobs would make you a millionaire.
Before starting the list, we understand that where you work, from country to city to the actual workplace, will all affect the wage bracket.
What we’ll do here is look at the usual trend and also what career websites show us. Most of the data out there – that are in English at least – is related to jobs in the USA. However, if an occupation pays a high salary in one country, then it likely does in another, in relative terms, at least.
Moreover, we should also add that there will, no doubt, be plenty of high-paying jobs we did not mention because such a list would be too vast.
So now we begin.
There are several tech-related positions Monster.com recently made a list of all the best jobs in tech, featuring IT workers in regular companies rather than tech entrepreneurs.
The top three positions were: eCommerce vice president ($172,400); Vice president of information technology ($162,900); and Chief information security officer ($162,400). We clicked on the links for positions available for each job, and there were plenty.
These are jobs, of course, that you can’t just apply, as they require related experience in the field. They are jobs that may not require you to attend college if you have proven yourself to be amazingly good at what you do. That’s some hope for those people who want a high salary but didn’t have the perfect start in life.
For this job, you will have to study a lot. These people take care of kids, both younger and older. The word “Pediatrics” actually means the healer of children, which a very fulfilling occupation it can be.
A pediatrician said in an interview, “It is one of the few jobs where a doctor gets to hug his patients.” According to USANews.com, there’ll be an increasing need for these people, and the median salary is around $168,990. To become one would depend on where you live. But for most countries, you will need a university degree and then have to complete medical school.
We are aware of the expense of getting our teeth fixed, so it’s not surprising that dentists have a good pay. Again, it all depends on the experience you have. Based on the Bureau of Labor Statistics, they said that the average wage in 2016 in the United States was $159,770, while other dentists, however, earn as much as $208,000.
What about that tricky root canal procedure you need? An endodontist does that, and they can earn anywhere from $100,000 to $400,000 a year. That’s one of the highest salaries out there if you’re at the top of the pack. All you need is to pass dental school to become a dentist. To become an endodontist, you’ll have to do postgraduate training in endodontics.
If you don’t have your own practice and don’t handle the famous and the rich for excessive hourly rates, you may not need to. The labor statistics tell us their median salary is about $194,740.
Some of the higher paid healers of the mind get over $210,000, but when you are just starting, you may only be paid around $75,000. According to the website PayScale, these people have high job satisfaction.
The same website also says the top in the business can earn over $300,000. Still, this is not an easy job to get. You will have to complete medical school, and then do another four years applying yourself to a psychiatry residency. To become board certified, you’ll have to pass exams at the American Board of Psychiatry and Neurology. Then, and only then, you can start charging Hollywood actors $1,000 an hour.
PayScale puts the yearly salary for these people at anywhere from $59,906 – $195,807. It also depends on which company you are working for. The average salary, though, seems to be approximately $150,000.
What does a petroleum engineer do?
Well, that person finds crude oil or natural gas and maintains the flow of it. This is, err, a very crude description (pun intended). People going for this job often study physics, but they might need to study chemical or mining engineering.
They then usually train for some time within a company. It’s seen as a great job to have, but be warned, there have been significant layoffs when oil prices decreased.
Okay, so not all corporate lawyers get paid nearly as much as some of the jobs we’ve just talked about. According to the Bureau for Labor Statistics, the average wage for all lawyers is around $100,000. However, that could quickly go up to $210,000 for those that know their game and are in demand.
As for those at the tip of the iceberg working for the biggest firms, well, it was reported that in 2012 Qualcomm’s Donald Rosenberg was pulling in $9,840,184 a year. In fact, many of these prominent company lawyers earn millions. It’s time-consuming to get to the top, as you’ll need to take a four-year undergraduate course, followed by a law school, and then you need to pass the bar exam to be certified. Then you have many years to prove yourself before you get to big money.
An actuary works in business and measures risk. It’s a significant job, as they tell you how you might lose money, whether in investments, insurance, or all manner of things.
They should keep you from stressing. The job has been rated as the most desirable occupation to go into in the past. The wage isn’t bad, either.
CNNMoney puts the median pay at $132,000, but it can go up to $204,000. It will take years to become qualified, and you will have to pass a series of difficult examinations. This is so high on the list because there doesn’t seem to be a low wage for these people.
Now we get to the big guns. For putting you to sleep, numbing you up, and making sure nothing bad happens to you, anesthesiologists get paid anywhere from $208,000 – $399,629, but some as much as $450,000.
They have an essential role to fill in life, ensuring we don’t pass out from pain or suffer too much. We’ve come a long way since a bottle of whiskey and a stick in the mouth before an amputation occurs.
It’s super stressful, given that most days you have lives in your hands. You’ll need medical school training after earning a degree, and then you’ll have to pass the United States Medical Licensing Examination. After that, you will be an intern for a year, and after that, do a three-year residency in anesthesiology. You can then take an exam with the American Board of Anesthesiology.
According to CNN, the median salary for radiologists is $316,000, but the pay can be as much as $492,000. The lowest wages we could find were closer to around $170,000.
PayScale says differently, putting the median salary at $260,843 per year, although it does tell you can earn much more than that.
What do they do?
We think, you know, they take X-Rays, analyze images, and make recommendations. Again, they can’t really afford to mess up as it could mean the end of someone’s life.
You get paid handsomely for such a job. The same applies to this job as the last one, in terms of qualifications and length of study– but of course, applying yourself to radiology and not anesthesiology.
Maybe you guessed it because it seems life and death types of jobs are the highest paid in terms of regular jobs. According to Forbes in 2012, the average wage for an orthopedic surgeon was $519,000.
In general, Payscale puts a surgeon’s wage at anywhere from $103,098 – $397,465. We guess it just depends on experience, where you work, and what field you are working in. It seems no surgeons are earning very little, though.
You could say being a surgeon means going in and fixing the body after the last two jobs have done their bit. It’s up to you now. Chron tells us that heart and brain surgeons earn on average, well, over $700,000.
How do you become a neurosurgeon? Just a degree, medical school, medical exam, a one-year internship, a 6- to 8-year neurosurgical residency, and getting your license, then you are good to go.
None of these jobs sound easy, but all of them are achievable with hard work and determination.
So, which jobs do you think we should have added to the list?
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