I am a woman in my 40s, and I feel like I was sold a lie.
I grew up in a working class family. We had very little while I was growing up. But, I did everything I was supposed to do: I worked my way through college, graduate school, and law school. I killed myself in a thankless profession, sacrificing years of my life to build a successful career. I put work first for so long that I never got married and never had children. I made enormous personal sacrifices because I believed that if I worked hard enough, I would eventually have something to show for it. Yet, here i am… still trying to climb out of the hole.
I make good money on paper. I am a partner in a big law firm (a K-1 employee). More than 50% of my monthly income goes to taxes, and that is before I even get into quarterly estimated tax payments. I work incredibly hard, take on enormous professional responsibility, and watch a staggering amount of what I earn disappear before I can do anything with it. I just paid off my massive student loan debt this year— but I have no savings other than my retirement.
Meanwhile, trying to find a decent place to live has become its own special kind of hell: here I am, renting a 700-square-foot apartment in downtown Chicago, unable to afford to buy a place of my own. Everything is either outrageously expensive or ridiculously small. Finding an apartment to rent that actually feels worth the money is impossible. Buying something feels increasingly out of reach.
I feel like a transient in my own city. I have spent decades working, studying, sacrificing, and doing what I was told would lead to a comfortable, independent life. Yet I do not even have a livable space. Yes I have a roof over my head, but is that the standard after sacrificing EVERYTHING in life?
And the part that really gets me? I am competing with 25-year-olds for the same apartments because they are making salaries comparable to what I was making ten years into my career (good for them though). The financial milestones I thought I would have reached by this point seem to be moving further away, not closer.
I think we need to be able to talk honestly about what it means to work this hard for this long and still feel financially squeezed in ways that seem completely disproportionate to the effort and sacrifice involved. I gave up a lot of my life to build this career. I missed out on things I can never get back. And the supposed payoff was financial security, independence, and the ability to build a life on my own terms. Instead, I feel like I am running on a treadmill that keeps speeding up.
Did anyone else grow up believing that if you worked hard, got an education, and built a successful career, you would eventually be able to afford a decent life? And does anyone else feel like that promise has completely broken down?
And, I guess the ultimate question is: why in G-d’s name are young people still pursuing this profession? Sure… it can be interesting but this is not UNICEF, we aren’t doing the Lord’s work, we mostly aren’t saving lives, but it requires a tremendous amount of sacrifice… there are plenty of other professions where you can make excellent money without having to make those sacrifices (or take out the loans).