# HOW MUCH HAVE YOU WORKED?

This was a question that needed a bit more research for an answer, I had to go back into my budgets from previous years (I use this Budgeting Tool) and try to remember the days I worked and how much I made.

# WANT TO SEE THIS EVERY  YEAR?

You can see my previous calculations on working hours & salary here.

Maybe I’ll make this an annual feature?

Let me know.

## Calculation notes

• I only calculated business days worked (e.g. 5 days a week not 7)
• I put the net income earned (after taxes, as I do my own salary so I know)
• I work 8 hours per business day, 40 hours a week (very few clients say 35 hours a week to account for lunch)
• When I don’t work, my income is \$0 and my expenses eat away at my savings, feast versus famine, you know…

# TOTAL GROSS INCOME = \$1,048,040.27

Wow! I cracked the million-dollar gross earnings threshhold. Nice. At least I hit a milestone somewhere….

If we consider my net worth is \$631,367.18 now, it means I saved about least 60.24% of my gross income, not to mention having eliminated \$60,000 of debt (net) in 18 months with my budgeting tool.

Taking into account my debt, I have a savings ratio of 65.97% then.

# TOTAL OF ACTUAL DAYS WORKED = 1684 out of 3024 days in total

In total, over my entire career (about 3024 working days) this is how much I have worked at my day job.

I have fully counted my employee years and only my actual freelancer days.

## Basically any day I had to work in some capacity for money, counts.

Any day I was not on a contract, does not.

Approximately 6.68 years, for a rate of about 55.69% of actual working….

Okay, so we’re still hovering around my average of only having worked half of my life…

# INCOME EARNED OVER THE YEARS

I obviously like to work and then chill out for at least a year afterwards.

My partner was joking the other night (LITERALLY LAST NIGHT), that it was about time for me to quit my job and take a break.

He wasn’t sure if I could handle actually working a full year straight on something and not taking at least another year off to compensate. He said it was about time around now that I get really frustrated with having to go to an office daily, and I usually, USUALLY take a break pretty soon for the equivalent amount of time I worked.

I told him I did work for one full year !! A few years back, and he said: Well. You were really getting tired at the end, I knew it wouldn’t last. 😛

LOL…

I feel like I’m semi-retired, which is the better way to describe my working life.

I think I prefer this kind of lifestyle. I have lower (relative) stress, and the only stress I get now is mostly from Little Bun, but that time will pass eventually and I will miss it probably.

I’d rather work less and then just live off the money.. work some more.. then live.

You know, chill. Take it easy. I still have 30+ years left to work.

# MY TRUE AVERAGE SALARY = \$86,643.54

If we just look at actual days worked, my average salary per day over the years of employee and freelancer combined is \$696.08 a day, or about \$172,603.03 if I ONLY count the days I worked.

But as I don’t work the full year often, my average salary is really closer to \$86,643.54 because you have to count in bench time where I work at \$0 a day.

So now if we look at that versus my net worth of \$631,367.18…

# I have more than 7X my salary saved.

Of course, some of it is in my new car now, but *shrug*… take away \$100,000 and I still have 6X my salary saved.

That’s not too bad. I suppose if I wanted a stretch goal I’d make it something like \$176,000 as my salary benchmark, but I’m going to take the easy win here and not look too hard at this or overthink it.

All I know, is that I have a lot of money saved, I am on track financially, I am happy, I am healthy, I have a wonderful family and a good work-life balance. I feel like not many people can say this, and I’m very privileged to be able to.

This is how I invest, what I use to track my investments, how I budget my money, and how I make some extra money off my side hustle (this blog but this is more of a hobby for me that happens to make money…)

#### Sherry of Save. Spend. Splurge.

Millionaire at 36 after getting out of \$60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. Since then, I have paid my \$600K home in cash (my half was \$300K), my \$180K casr in cash, worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from \$65K to \$260K with an average lifetime savings rate of 50%. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

#### Businesses and Jobs I have had since the age of 7

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#### How much do you need to have saved for retirement? By salary per year and investments.

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