What Would Your Life Look Like: $400k / Year? - Student Doctor …

Dec 27, 2011  · You're looking at this the wrong way. 400k/year in retirement is a whole different story than 400k/year in your 30s or 40s. I'm 39, my wife and I both have medical school loans. …


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What Would Your Life Look Like: $400k / Year? - Student Doctor …

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Dec 27, 2011  · You're looking at this the wrong way. 400k/year in retirement is a whole different story than 400k/year in your 30s or 40s. I'm 39, my wife and I both have medical school loans. …

studentdoctor.net

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Scraping By On 400k Per Year... - Student Doctor Network …

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Mar 8, 2009  · $400k a year after taxes isn't much at all, especially with a family and especially living in one of the most expensive areas in the world (NY, NY). Now if you are like a good …

studentdoctor.net

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Nearly The 10 Million Dollar Dream By 50 On A 400k 1099 Income

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Nov 3, 2015  · 2. Don't give your money away to a "financial pro" who will rob your portfolio 1-2% per year. That means you'll get 2-4% returns on your money instead of 4-5% that is projected. …

studentdoctor.net

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For Those Who Will Graduate With >$400,000 In Debt, What Has

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You can pay yourself a salary of $75-100k/year and use the loan repayment and the remaining ~$75-100k/year to pay off your debt sooner than you’d think. Of course other expenses like …

reddit.com

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Paying For Med School As A First Gen/lower-income Student

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Or you can just take out the loans like the majority of students and pay them back with your fat attending salary. $400k+ debt sucks, but you’ll still have more fun money than most people …

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How Long Realistically For A Single Person To Pay Back A $400,000

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Jun 29, 2009  · The amount of your student loan interest deduction will be phased out if your modified adjusted gross income is between $55,000 and $70,000 ($110,000 and $140,000 if …

studentdoctor.net

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How To Avoid The $400,000 Med School Debt Mistakes I Made

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Feb 7, 2024  · It's not always great to be tops among your peers. For physicians with student debt, half carry more than $200,000 and 26% carry more than $300,000, according to Medscape …

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Living Paycheck To Paycheck On $400K A Year | The Finity Group

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If you fail to set money aside for your financial goals before adopting all the other expenses, you will find yourself in a financial struggle the rest of your life. Today, let’s take a look at a …

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How Much Do Doctors Make? [Salary By Specialty 2024] | White …

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Apr 30, 2024  · Average Doctor Salary. In reality, the average doctor's salary of $363,000 isn't all that useful to know. As an example: according to the latest Doximity report, the average …

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How Long Will It Take To Pay Off 400-500k Of Debt? - Student …

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Mar 29, 2018  · With approximately $500,000 in student loans, your monthly payment will be just shy of $4,000/month for the next TWENTY YEARS. That's a long time and a lot of money! Oh, …

studentdoctor.net

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Is Med School Worth 400k Debt? | Student Doctor Network

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Apr 10, 2011  · Yes, folks often take out 30 year loans for $400K and more mortgage debt (especially in "hot" real estate markets). That's a heck of a lot of debt, and plenty of ordinary …

studentdoctor.net

FAQs about What Would Your Life Look Like: $400k / Year? - Student Doctor … Coupon?

Is $400K a year 'rich'?

$400k a year after taxes isn't much at all, especially with a family and especially living in one of the most expensive areas in the world (NY, NY). Now if you are like a good portion of physicians that don't mind living in some remote rural area, then that can go a long ways. BTW... $400k a year isn't 'rich'. ...

Is $10 million enough for a medical student?

If you're a medical student planning to retire in 35 to 40 years, $10 Million may not be sufficient due to inflation, which has averaged roughly 3% in the United States over many years. ...

What is it like to be a medical student?

Being a medical student will involve working harder than you’ve ever worked in your life – but chances are, it’ll also involve having more fun than you’ve ever had before. ...

Is being a medical student worth it?

There are plenty of off-putting myths about being a medical student, but in reality it’s enjoyable, interesting and highly rewarding, especially in light of what you’re working towards. ...

Is it worth it to go to med school at 30?

The main thing is you must have gotten an interview and not get accepted to be eligible. It is a recurring rule of thumb in this sub forum that it is still financially "worth it" to switch careers into medicine at age 30, a complete wash at age 40, and a financially poor move to switch to med school beyond age 45. ...

What is the net worth of a doctor?

Few physicians have a net worth of $10 Million or more. The vast majority will retire with less than half of that amount. ...

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