Quantum Buckyball

on average, a postdoc's pay is about 35k/year and you work about 60~80 hrs/week..

^that may be field dependent - the postdoc (neuroscience, 2nd year) in my lab earns 43k, and my postdoc buddy who works in computational metagenomics at a private university earns ~75k. Though I wouldn't be surprised if a postdoc in the humanities in a smaller town (with lower living costs) gets below 35k. All in all though, postdocs are generally grossly underpaid considering the work they put in.

I think the biomedical postdocs get an advantage because the NIH sets up specific salary requirements.