How do you become a millionaire by collecting
a paycheck at the end of each month? When we think about very high paying jobs,
we often point to entrepreneurs, or specialist occupations such as acting or being in band
(the successful ones at least), but not the regular folks clocking into work day in and
day out. According to the U.S. Census Bureau, the median
household income in 2016 was $59,039, so saving one million is no small feat. In fact, according to Statistica, only 12.4
percent of American households earn $75,000 - $99,000; 14.1 percent earn $100,000 – $149,000;
6.6 percent earn $150,000 - $199,000 and 7 percent earn over $200,000. So, what kind of job do you need to get your
cool million? That’s what we’ll find out today, in this
episode of the Infographics Show, Regular jobs that could soon make you a millionaire. Before we start 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 averages and
also what career websites tell us. Most of the data out there – in English
at least – relates to jobs in the USA. We could say, however, that if an occupation
pays a high salary in one country, then it likely does in another, in relative terms
at least. We should also add that there will no doubt
be plenty of high-paying jobs we didn’t mention, because such a list would too vast. So now we begin. 10. A number of tech-related positions
Monster.com recently made a list of all the best positions 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 then clicked on the links for positions
available for each job, and there were plenty. These are jobs of course that you can’t
just walk into, as they require experience in the field. They are, however, jobs that may not require
you to attend university if you have proven yourself to be exceptionally good at what
you do. That’s some hope to those people who want
a great salary but didn’t have the perfect start in life. 9. Pediatrician
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 “healer
of children.” And a very fulfilling occupation it can be. One pediatrician said in an interview, “It's
one of the few jobs where a doctor gets to hug his patients.” According to USANews.com, there will be a
growing need for these people, and the median salary is currently around $168,990. As for how to become one, that depends on
where you live. But for many countries, you’ll need a university
degree and then have to complete medical school. 8. Dentist
We all know the expense of getting our teeth fixed, so it’s not surprising that dentists
are well paid. Again, it all depends on how much experience
you have, but the Bureau of Labor Statistics said that the median wage in 2016 in the U.S.
was $159,770. Some dentists, however, earn as much as $208,000. What about that tricky root canal procedure
you need? That’s done by an endodontist and they can
earn anywhere from $100,000 to $400,000 a year. That’s one of the best salaries out there
if you are at the top of the pack. You need to pass dental school to become a
dentist, and to become an endodontist you’ll have to do postgraduate training in endodontics. 7. Psychiatrist
If you don’t have your own practice, and you don’t treat the rich and famous for
outlandish hourly rates, you may not need to, because labor statistics tell us their
median salary is $194,740. Many of the higher paid healers of the mind
get over $210,000, but when you are just starting out, you may only be paid around $75,000. According to the website PayScale, these people
have high job satisfaction. It also says the best in the business can
earn over $300,000. Again, this is not an easy job to get. You’ll have to complete medical school,
and then do another four years applying yourself to a psychiatry residency. Then to become board certified, you’ll have
to pass exams at the American Board of Psychiatry and Neurology. Then, and only then, can you start charging
Hollywood actors $1,000 an hour. 6. Petroleum Engineer
PayScale puts the yearly salary for these people at anywhere from $59,906 - $195,807,
and it all depends on which firm you are working for. The averages, though, seem to be about $150,000. What will you be doing? Well, finding crude oil or natural gas, or
maintaining the flow of it. This is, err, a very crude description (pun
intended). People going into this field often study physics,
but they might have studied 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 big layoffs in the past when the price of oil decreased. 5. Corporate lawyer
Ok, so not all corporate lawyers get paid anything near as much as some of the jobs
we’ve just talked about. The average wage for all lawyers is around
$100,000 according to the Bureau for Labor Statistics, but that could easily 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 big 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 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 the big money. 4. Actuary
An actuary works in business and measures risk. It’s an important job, as they tell you
how you might lose money, whether it is in investments or 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, and 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. The reason this is so high on the list is
because there doesn’t seem to be a low wage for these people. 3. Anesthesiologist
Now we get to the big guns. For putting you to sleep, or 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 important role to fill in life,
and that is 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 takes place. 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. 2. Radiologist
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 different, putting the median
salary at $260,843 per year, although it does say you can earn much more than that. What do they do? We think you know, they take X-Rays and they
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. 1. Surgeon
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 there are no surgeons 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? Degree, medical school, medical exam, one-year
internship, 6- to 8-year neurosurgical residency, get your license, and you are good to go. None of these jobs sound easy, but all of
them are achievable with hardwork and determination. So, which jobs do you think we should have
added to the list? Let us know in the comments. Also, be sure to check out our other video
called How Is Life Different for Billionaires? Thanks for watching, and, as always, don’t
forget to like, share, and subscribe. See you next time!
