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re: What retirement savings balance is your goal, and by what age?
Posted on 1/2/21 at 8:10 pm to SmackoverHawg
Posted on 1/2/21 at 8:10 pm to SmackoverHawg
quote:
I hate it, but other than some old school guys that made their bank in the seventies, eighties and early nineties, just about every doctor...regardless of specialty...is broke as frick and can never retire.
You serious? I am late to getting into medicine. Finished training at 38 (7 years behind friend who went straight thru). I will retire fine. Certainly don’t know all my friends personal finances - but pretty sure nearly all are fine handling their debts acquired in school and setting up to have a good retirement. Yes - if they are dumb with money now - they won’t retire like they should. But that is anyone
Agree with several of the things you said in your rants, but disagree with that one
1
Posted on 1/2/21 at 8:29 pm to Stateguy
Yeah, in every walk of life there are people that SHOULD make bank and save tons of money and be able to get ahead of the rat race.
Yet, I know MD's, lawyers, Military 0-6 and above, Business owners, etc....that somehow after making stupid money for a long periods of time still have nothing to show for it and have to keep working to pay for the lavish life style they portray.
It's not what you make, it's what you keep.
ALWAYS PAY YOURSELF FIRST AND LET IT GROW!
Yet, I know MD's, lawyers, Military 0-6 and above, Business owners, etc....that somehow after making stupid money for a long periods of time still have nothing to show for it and have to keep working to pay for the lavish life style they portray.
It's not what you make, it's what you keep.
ALWAYS PAY YOURSELF FIRST AND LET IT GROW!
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