- The total of my future expenses each year are around 50,000 according to my parents. This will likely differ by the time I'm working at my career since as time goes on price changes.
- According to medscape.com I can likely count on making $285,000 each year in my future job as an oncologist. My education/training to get that job will possibly cost close to a million dollars total for all years of training.
- I want to save 50,000 for my rainy day fund each year, and 75,000 for retirement each year. If I save 75,000 for retirement each year, by the time I am 65 years old I will have $10,545,000 plus interest.
- Comparing my future income and expenses makes me think that I will be fine with my future expenses because I feel I have a lot of self-control over what I buy and won't make too many financial mistakes in the future. (hopefully)
Sunday, July 13, 2014
Life Expenses
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