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How Much Does a Senior Accountant Make?

A lot of people that are fresh out of college complain that they are not being paid enough, but that has more to do with their inability to understand how seniority works rather than anything else at any given point in time. A big part of the reason why that is the case has to do with the fact that as you move up the ranks and attain a fair bit of seniority in your position, suffice it to say that you will start to earn a great deal more money in some way, shape or form.

If we were to take the example of accountants that work at big name firms like The ACT Group, a clear trend can be seen. While accountants that are fresh out of college and are just starting out in their careers might earn around $50,000 or so, once they have spent a few years in the field they will start being referred to as senior accountants and the like. This is great since it would ensure that they can make the most of their income as they would be earning more than would have previously been the case.

The average salary for senior accountants is around $70,000, and that’s great since you can get to that point while you are still in your twenties. Earning a lot of money before you hit thirty is amazing due to the reason that you can use this money to finance a wonderful lifestyle and also save up a little bit for your future retirement so that you can relax instead of having to work really hard while you are far too old to do so.

Posted in: Finance

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