Uploaded by Jadon Krause

Personal finance career asssignment

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Engineer and Doctor
Jadon Krause
My career choices
I chose these careers because I am interested in helping
people and creating things. Both jobs have a lot of variety
and the ability to travel. They also both have good benefits
and vacation. I also chose them because they make a lot of
money.
My first choice: Doctor
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In a hospital. Could be anywhere in the world.
Requires 8 years of college and interning at a hospital
21.5% increase in salary over time
Good insurance and paid vacation
$8,505,000 in lifetime earnings
My second choice: engineer
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Most engineers work in offices while some work in construction zones.
Engineering positions typically require a bachelor' degree in engineering or
relevant field. Some engineering jobs, especially in management, require a
master's degree.
24% earning potential
Good insurance and paid vacation
About $3.5 million in lifetime earnings
My best choice: doctor
I chose doctor because it has more variety, a higher salary, and better benefits
compared to an engineer.
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Doctors make this most money in the US
I would want to work in the US because it is the highest paid and thats where
I was raised.
You need about 4 more years of education to become a doctor
Disadvantages of doctors are lots of education and long hours.
Disadvantages of engineers are low salary and lowish benefits
There is enough advancement options to keep up with the cost of living
Work cited
https://www.princetonreview.com/quiz/career-quiz
https://www.bls.gov/ooh/
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