Blog #4

• The total of my future expenses each year are $220,000.  I know this is logical because my primary sources for information are financial costs derived from both college tuition and medical school tuition, from universityofcalifornia.edu and grad.jhu.edu, respectively.
• According to payscale.com I can likely count on making $156,000 each year in my future job as a general practitioner.  My education/training to get that job will cost $220,000 total for all years of training.
• I want to save $150,000 for my rainy day fund each year, and $400,000 for retirement each year.  If I save $400,000 for retirement each year, by the time I am 65 years old I will have $800,000 plus interest.
• Comparing my future income and expenses makes me think it'll be quite the long and hard road in order to achieve what I have planned as a career option for me. However, I like to perceive myself as ambitious and humble, so I will make of what my future holds for me to the fullest