Is there a correlation between a gay man’s income/wealth and coming out of the closet at a later age?
I’m 26 and sometimes I wondered how my life would have turned out if I’d played straight as a teenager and through college. I grew up in a small Tennessee town and was out of the closet by 14. I went to college and earned my bachelor’s degree in Finance, but my earnings (on top of student debt I’m currently paying down proactively) aren’t translating into gainful employment.
My partner didn’t come out until he was 27. He had a wife and was a lawyer at a high powered firm. He essentially established himself before moving into the gay world.
Should I have done what he did?
by Anonymous | reply 26 | December 22, 2018 3:28 AM
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Totally unrelated but I'm starting to realize why the gay community thinks women don't like sex. Because of all the gay men who had wives and the wives never had a clue the sex lacked the spark.
by Anonymous | reply 1 | December 21, 2018 2:23 AM
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but my earnings .... aren’t translating into gainful employment.
by Anonymous | reply 2 | December 21, 2018 2:27 AM
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Interesting never thought about it.
by Anonymous | reply 3 | December 21, 2018 2:33 AM
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He is 27 and divorced? Who is getting married that young these days?
by Anonymous | reply 4 | December 21, 2018 2:38 AM
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Several surveys prove that most out LGBT people make significantly less money than their straight coworkers in the same jobs. We're also passed over for raises and promotions. "But I have a family!" is the excuse str8s use to give themselves more money.
Other surveys now claim the opposite, but I think it's biased, based on old surveys in "upscale" rags like Instinct.
Offsite Linkby Anonymous | reply 5 | December 21, 2018 2:42 AM
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Differing stats in this articles; lesbians make more!
Offsite Linkby Anonymous | reply 6 | December 21, 2018 2:43 AM
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This focuses on a few people who spent more with the 'gay lifestyle', plus long-term financial differences:
Offsite Linkby Anonymous | reply 7 | December 21, 2018 2:44 AM
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What r2 said. I read that sentence several times and it makes no sense.
I think we identified the reason you are struggling...
by Anonymous | reply 8 | December 21, 2018 2:45 AM
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This is a great question, Op. All the men I know who came out late in life (aged 30 onward) are professionals like doctors, lawyers, company executives, etc
by Anonymous | reply 9 | December 21, 2018 2:47 AM
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Should you have gotten a wife and perhaps have been paying child support to a kid you'll hardly ever see?
Gee, I don't know...
by Anonymous | reply 10 | December 21, 2018 2:51 AM
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Datalounge please validate my self loathing.
by Anonymous | reply 11 | December 21, 2018 2:52 AM
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If your partner came out at 27, he was not "established" - at least not professionally. A 27 year old is a 3d year associate getting no sleep (at least at a big law firm) and having no life. So no point in comparing yourself to that.
by Anonymous | reply 12 | December 21, 2018 2:52 AM
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Rich guys fear they're have more to lose if they come out
by Anonymous | reply 13 | December 21, 2018 2:54 AM
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You should ask his ex-wife how she feels about about him living a lie.
by Anonymous | reply 14 | December 21, 2018 2:54 AM
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Really? You even have to ask?
by Anonymous | reply 15 | December 21, 2018 2:55 AM
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Professionals may go further if they are “one of the guys” rather than coming out as gay
by Anonymous | reply 16 | December 21, 2018 2:56 AM
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You failed up 1 step on the ladder. This is a recipe for permanent unhappiness. You don't really have what it takes to succeed as a professional. In fact you were born to be a sassy shop bottom and content in your modest lifestyle.
by Anonymous | reply 17 | December 21, 2018 2:57 AM
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I know a lot of wealthy gay guys.
by Anonymous | reply 18 | December 21, 2018 2:59 AM
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I make $30 million a year and I'm in the closet! I guess that proves your point!
by Anonymous | reply 19 | December 21, 2018 2:59 AM
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R12 is correct. You guys are in your mid twenties. Neither of you are "established", you are at the beginning of your career.
by Anonymous | reply 20 | December 21, 2018 3:03 AM
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don't think it's about money. who is afraid of fear, and who can overcome it?
by Anonymous | reply 21 | December 21, 2018 3:04 AM
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OP, your question is too general.
I have found that many of my associates aged 55 and older are not tolerant or accepting and I think are privately likely to discriminate. Maybe that’s different for younger guys, I don’t know. In most cases, you will never know if you’ve been discriminated against - in pay raises, job assignments, training, and opportunity. You will not know.
There are a lot of degrees of “outness”. My advice is to be as “out” as you need to be, but beyond that, be conservative. Context matters, too. A hair stylist may flame away. A programmer is mostly free to express themselves. An Engineer might want to dial it way back. A finance guy may need to dial it all the way back. This is assuming you care about money and your career, vs. freedom of self expression.
If you’ve got a winning personality, or rare and extraordinary skills, then you have more options, too.
by Anonymous | reply 22 | December 21, 2018 7:44 PM
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I started very young in the insurance business and I have been very successful. I am 65 (been in business 41 years) but only came out to trusted friends and family. I never wanted to come out because of how it would affect my agency. My father would have disowned me if I had come out while he was alive so that added to my issues. I have just decided that being single will be how it will be. I also worry about my inexperience in dating and the fact that I could probably be taken advantage of due to my financial standing. Wish things were different but I accept where I am at.
by Anonymous | reply 23 | December 22, 2018 1:26 AM
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R23, find someone of similar financial standing.
by Anonymous | reply 25 | December 22, 2018 2:13 AM
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OP, no, you should not have stayed in the closet and married a woman. That sounds like a really shitty and stressful way to live (closeted man, married to a woman). You're still young. I really would not waste any more time wondering about this.
by Anonymous | reply 26 | December 22, 2018 3:28 AM
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