- The total of my future expenses each year are $62,192. I know this is logical because my primary source for information is redfin.
- According to US News I can likely count on making $80,000 each year in my future job as a web developer. My education/training will cost $100,000 total for all years of training.
- I was to save $10,000 for my rainy day fun each year, and $20,000 for retirement each year. If I save $20,000 for retirement each year, by the time I am 65 years old I will have $1,000,000 plus interest.
- Comparing my future income and expenses makes me think that my goals are achievable and that I can live a comfortable life when I'm older. I feel lucky to be interested in a good paying job that will that will take care of my expenses.
Saturday, July 12, 2014
Week 4
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Very nice. I'm unsure how you'll be able to allocate $30,000 of your income each year on retirement and rainy day funds. $1,000,000 for retirement sounds pretty epic.
ReplyDeleteIt seems like a good plan, and its also great that what you want to do is high paying.
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