BLog #4 future spendings

• The total of my future expenses each year are about $70,000.  This includes renting an apartment in San Francisco, transportation, food, clothing and activity expenses. I know this is logical because my primary source for information is https://smartasset.com/mortgage/what-is-the-cost-of-living-in-san-francisco.  
• According to http://www1.salary.com/CA/San-Francisco/Pediatric-Physician-salary.htmlI can likely count on making $220,000 each year in my future job as a pediatrician. 4 years of Medical School at UCSF will cost about $130,000.  As I first begin my job as a pediatrician out of my residency, I expect to make about $135,000.  
• I want to save $21,000 for my rainy day fund each year by saving 10% of my pay check each month ($1800).  By saving 15% of my pay check each month, I will save $32,000 a year for retirement.  If I start to save $32,000 each year when I am 26 years old and out of medical school, then by the time I am 65 years old I will have $ 1,248,000 plus interest.
• Comparing my future income and expenses makes me think how important it is to learn to budget and save your money each month when you are young.  If you learn to budget when you are young, it will help you when you are much older.  In case something happens, you will always have savings.