Wk 4: Expenses

• The total of my future expenses each year are 41,940.  I know this is logical because my primary sources for information are my father and the internet: http://money.cnn.com/magazines/moneymag/money101/lesson18/index3.htm
• According to the police website looking for cadets, I can likely count on making $80000 each year in my future job as an entry level police officer in San Francisco.  My education/training to get that job will cost $2500 total for all years of training.
• http://www.jobaps.com/sf/sup/BulPreview.asp?R1=CCT&R2=Q002&R3=060667
• I want to save $5,000 for my rainy day fund each year, and $24000 for retirement each year.  If I save $24,000 for retirement each year, by the time I am 65 years old I will have $424, 340 plus interest
• Comparing my future income and expenses makes me think…. that I either need to find a higher paying job, move out of California, or find some places to budget even more. California taxes are especially high and the state has inflated prices.