Can you become rich by being an actuary?

If you are looking to become a millionaire as an actuary, that’s not going to happen. You will not become extremely rich. Historically speaking, the millionaires in this world are people who have multiple sources of income and business owners. read more

The chances are if you are smart enough to pass the actuarial exams, you’d be smart enough to get through engineering school. Likewise, if you are not smart enough to get through engineering school, the chances are you’d have trouble passing all the exams and make it as an actuary anyway. read more

If you market yourself well, are willing to jump at the right time, and aren't constrained geographically, you can make a ton of money in any industry. The key is how you market yourself. You could look into being a quant, and while you might make more (albeit with less job stability), you're still not any liklier to move into the C-suite, if that's what you're looking for. read more