Blog #4
• The total of my future expenses each year are 65,000. I know this is logical because my primary sources for information are my Grandmother and other family members that have who have experience with making these kinds of payments.
• According tohttps://www.recruiter.com/salaries/orthodontists-salary/ I can likely count on making between $82,000 per year and $232,000 per year each year in my future job as a Orthodontist. My education/training to get that job will cost $113,299 total for all years of training.
• I want to save $5,000 for my rainy day fund each year, and $10,000 for retirement each year. If I save $15,000 for retirement each year, by the time I am 65 years old I will have $650,000 plus interest.
• Comparing my future income and expenses makes me think the difference between I can and I want, I need to be able to prepared for any emergency and still have money to spare.
your thought on your financial future are very smart.
ReplyDeleteWow that is a really nice job to have, seems that when you are done with your yearly expenses you will have a lot of money left over.
ReplyDeleteI like how by the time you retire you will already have a lot saved up!
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