Earlier quoted context omitted.
Well, I’d also like to retire in less than 20 years, so, factor that in (probably $2000-2500/month). Food, utilities, insurance, car expenses (I don’t drive much, but it’s fairly essential for me to have a car to get certain places; it’s also paid off, fortunately), etc. I think you can see where this is going.
> Well, I’d also like to retire in less than 20 years Don't we all. > Food, utilities, insurance, car expenses (I don’t drive much, but it’s fairly essential for me to have a car to get certain places; it’s also paid off, fortunately) We all also pay for this. > probably $2000-2500/month Dude you still have $1000 probably free just chilling if you are strict. I don't get this, "you are not where you should be" mindse…
As for “doctor money”, according to https://www.medscape.com/slideshow/2018-compensation-overvie... I make below the average salary for every physician specialty except public health & preventative medicine, and I’m several years older than the typical newly minted physician.
I also live in an area where you need to make at least $80k or so to qualify for a 1br apartment, according to the “3x rent in gross salary” rule used by a lot of landlords. With my large, fixed expenses (student loans), I’m not convinced moving to a lower CoL area actually improves my bottom line, either.
I’m not poor, and, like I said, I’m getting ahead slowly now, but I’m by no means rolling in it.