Yup! Depends on the company and the person, of course.

Another thing: People at FAANGs usually ride the stock up and get way more than 7% per year. I'm embarrassed to say that I sold a lot of MSFT stock at $30 in 2011. Today (~15 years later) it is trading at $530.

Sustaining 15 years at staff level is near-impossible and will extract a heavy toll for the vast majority of people. Plus at 55? Not saying you'll be dinged purely for your age but it's not like it has no influence ...