21 year old Pharmacist

[veyep]

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😱I had a friend who graduated high school early and went to community college and from 16-18 did his prepharm and 18-21 his pharmd and he is now 25 with 4 years of pharmacy experience and is loaded. lived with his parents till last month and invested every single penny of his salary into business. He is retiring in one year😳 I am amazed and thought I share.

 

[nerv12345]

damn..that's insane.

so what's his business?

 

[nerv12345]

so he was in it for the money!! what about helping all the sick people?! haha.

 

[bigdogc]

awesome👍

 

[sle3pyguii]

so he was in it for the money!! what about helping all the sick people?! haha.

he's helping the sick people by providing them with gas to get to the pharmacy.

 

[TrjTraddie]

so he was in it for the money!! what about helping all the sick people?! haha.

seriously... i think he was in it for the money too.
I would be bored if i retired early... i have much more ambitious goals than just invest and make money.

 

[jspwinter]

Well honestly, would you be a pharmacist to get paid $10 an hour?? Doubtful, no matter what anyone says, most people go to grad school to make more money.

 

[mike36]

If I retired before 30, I think the next 40 or so years would get very boring.

 

[OKgirl]

Wow he must have been really motivated. I just want to be retired by 50....

It does sound like he just became a pharmacist for the money. How do his parents feel about spending so much money on pharm schol so he can just work for 4 years? Mine would be so angry!

 

[binghamkid]

😱I had a friend who graduated high school early and went to community college and from 16-18 did his prepharm and 18-21 his pharmd and he is now 25 with 4 years of pharmacy experience and is loaded. lived with his parents till last month and invested every single penny of his salary into business. He is retiring in one year😳 I am amazed and thought I share.

Not that I'm doubting the story, but the numbers don't add up unless 1) he got a full ride for school, and 2) he got paid over 250,000 per year. The reason I say that is because in order for you to have made enough money to retire in 4 years, you need at least 1 million dollars to get an annual return of 30,000 a year (at current interest rates). I'm assuming he's investing, so he might get a better % return, so even then, he'd need 1 million dollars to get an 80,000 year retirement salary (at 8% interest return rate).

So, I don't know how true it is that he can retire comfortably with just 4 years of work unless he plans on working full time at his businesses. In that sense, he still has to work hard to manage his properties if he hopes to eek out enough profit to live comfortably. I know my target # is about 2 million dollars in net savings before I retire, so I have a nice comfortable nest egg. Even with my girlfriend making the same amount as me in a pharmacist's salary, it wouldn't be achievable in less than 10 years worth of work (assuming we saved about 100,000 a year each).

If as you say he lived at home with his parents until last month, that would make it far less likely that he's working in some regional outpost like Alaska, where you could be paid more. As a pharmacist coming straight out of school...it's highly unlikely he's even gotten paid remotely enough to make that target goal.

 

[yazzman]

so he was in it for the money!! what about helping all the sick people?! haha.

good point

 

[JamesL1585]

Not that I'm doubting the story, but the numbers don't add up unless 1) he got a full ride for school, and 2) he got paid over 250,000 per year. The reason I say that is because in order for you to have made enough money to retire in 4 years, you need at least 1 million dollars to get an annual return of 30,000 a year (at current interest rates). I'm assuming he's investing, so he might get a better % return, so even then, he'd need 1 million dollars to get an 80,000 year retirement salary (at 8% interest return rate).

So, I don't know how true it is that he can retire comfortably with just 4 years of work unless he plans on working full time at his businesses. In that sense, he still has to work hard to manage his properties if he hopes to eek out enough profit to live comfortably. I know my target # is about 2 million dollars in net savings before I retire, so I have a nice comfortable nest egg. Even with my girlfriend making the same amount as me in a pharmacist's salary, it wouldn't be achievable in less than 10 years worth of work (assuming we saved about 100,000 a year each).

If as you say he lived at home with his parents until last month, that would make it far less likely that he's working in some regional outpost like Alaska, where you could be paid more. As a pharmacist coming straight out of school...it's highly unlikely he's even gotten paid remotely enough to make that target goal.

I think veyep might have misused the word retire, ... because the guy does plan on opening up gas stations right? Then, whatever his retirement would be wouldn't matter, as he would still live comfortably from salary from gas stations and whatever else...So basically thats still working, but working as a pharmacist just isn't in his future.

 

[OKgirl]

Not that I'm doubting the story, but the numbers don't add up unless 1) he got a full ride for school, and 2) he got paid over 250,000 per year. The reason I say that is because in order for you to have made enough money to retire in 4 years, you need at least 1 million dollars to get an annual return of 30,000 a year (at current interest rates). I'm assuming he's investing, so he might get a better % return, so even then, he'd need 1 million dollars to get an 80,000 year retirement salary (at 8% interest return rate).

So, I don't know how true it is that he can retire comfortably with just 4 years of work unless he plans on working full time at his businesses. In that sense, he still has to work hard to manage his properties if he hopes to eek out enough profit to live comfortably. I know my target # is about 2 million dollars in net savings before I retire, so I have a nice comfortable nest egg. Even with my girlfriend making the same amount as me in a pharmacist's salary, it wouldn't be achievable in less than 10 years worth of work (assuming we saved about 100,000 a year each).

If as you say he lived at home with his parents until last month, that would make it far less likely that he's working in some regional outpost like Alaska, where you could be paid more. As a pharmacist coming straight out of school...it's highly unlikely he's even gotten paid remotely enough to make that target goal.

I think she used the word retire as in he is no longer doing that job. If that is the case, he would only need the money to open the businesses, and then he could make his money off of that.

I just looked at the ages, and he must be pretty good if after 2 years at pre-reqs, they accepted him straight into pharmacy school where he spent 3 years and then immedietly got a job and made big money.

I think he took advantage of his parents by making them send him to school so he can just quit and open up businesses (has he never heard of getting a loan to open one business and then expanding with your profits?). He must have saved up a lot of money to be able to open gas stationS and do real estate AND move out. He must be working 24 hour shifts 7 days a week!

 

[OKgirl]

😱I had a friend who graduated high school early

The only way to get out of HS early (assuming he didn't skip grades in elementary school) is to get your GED or drop out, which I think would hurt his chances of getting into pharmacy school.

 

[JamesL1585]

I think she used the word retire as in he is no longer doing that job. If that is the case, he would only need the money to open the businesses, and then he could make his money off of that.

I just looked at the ages, and he must be pretty good if after 2 years at pre-reqs, they accepted him straight into pharmacy school where he spent 3 years and then immedietly got a job and made big money.

I think he took advantage of his parents by making them send him to school so he can just quit and open up businesses (has he never heard of getting a loan to open one business and then expanding with your profits?). He must have saved up a lot of money to be able to open gas stationS and do real estate AND move out. He must be working 24 hour shifts 7 days a week!

I'm sure a few years from now when he's buying his parents a new house they won't mind.. lol

 

[JamesL1585]

The only way to get out of HS early (assuming he didn't skip grades in elementary school) is to get your GED or drop out, which I think would hurt his chances of getting into pharmacy school.

And thats not true... theres a girl at my university who's 16, she's in her last year of finishing pre-reqs for applying, she graduated early. Plus, football players now a days graduate early to hurry and start playing college football... I have a lot of examples of people graduating at age 15 or 16... its very possible.

 

[eelo]

And thats not true... theres a girl at my university who's 16, she's in her last year of finishing pre-reqs for applying, she graduated early. Plus, football players now a days graduate early to hurry and start playing college football... I have a lot of examples of people graduating at age 15 or 16... its very possible.

Now that makes no sense. NCAA rules limit the number of playing years. Why in the world would anyone recruit and admit a player who would use up his NCAA eligibility before he turned 21? That's the complete opposite of what they're actually doing: recruiting 18-19 year olds who will have 5 years of NCAA eligibility, ideally playing while wearing the university's uniform (as opposed to going for the draft). Now, some talented young prospects may be getting scouted at age 15-16 (or even earlier), but the NCAA rules are VERY strict on how much contact a college can ave with a prospectat any given age.

Very, very few young men are ready for college football in their earle teens; that's why coaches redshirt a lot of freshmen. They're not done growing; there's absolutely no sense in putting a 16 year old on the field, or even on the team (occupying an athletic scholarship, no less!) if they won't even be able to compete for another three years.

They may graduate at 15 or 16, but no legitimate program (that is subject to NCAA rules) will put them on the field to get beat up by players who outreach him by 56 inches, outweigh him by a good 60-80 pounds and are 3-4 years older and more physically and mentally mature.

While I agree there are a lot more 15 and 16 year olds graduating high school and heading off to college than there used to be, it's not because they're going to play football.

 

[OKgirl]

hmm then I guess my HS counselors know less than I thought they did. not surprsing.

 

[tdkneo]

😱I had a friend who graduated high school early and went to community college and from 16-18 did his prepharm and 18-21 his pharmd and he is now 25 with 4 years of pharmacy experience and is loaded. lived with his parents till last month and invested every single penny of his salary into business. He is retiring in one year😳 I am amazed and thought I share.

yeah i have a friend who is like that too.....she's now a multi millionaire and ALREADY retired at 26 with all kinds of passive incomes from stocks, business and real estate.......

 

[lessotto]

Not that I am a big party person, but it seems that he missed alot by not enjoying his high school, college, and grad school years. What I mean is that at every point of his educational career he was always "that young kid". And while his peers in pharm school were celebrating the end of the semester in a local bar, he was not old enough to get a beer😎😎

As far as money goes - good for him👍. I personally would ve taken all that money, invested it, and travelled so that I can work in different countries and states and not worry about the salary.

 

[Farmercyst]

hmm then I guess my HS counselors know less than I thought they did. not surprsing.

Depends on your state. Several schools in CA allow you to finish your Jr and Sr years at CC. So as long as you're attending school somewhere you don't have to worry about truancy and by completing courses at CC, you get the advantages of college credit without the disadvantages that sometimes come with taking AP courses. (Transfers primarily) I know OR has a similar program. When I graduated in AR, you could graduate a year early as long as you met the minimum total required units and the required courses. 12th grade English was generally the hardest one to take early, but it could be replaced with Speech, which is how most people did it.

 

[JamesL1585]

Now that makes no sense. NCAA rules limit the number of playing years. Why in the world would anyone recruit and admit a player who would use up his NCAA eligibility before he turned 21? That's the complete opposite of what they're actually doing: recruiting 18-19 year olds who will have 5 years of NCAA eligibility, ideally playing while wearing the university's uniform (as opposed to going for the draft). Now, some talented young prospects may be getting scouted at age 15-16 (or even earlier), but the NCAA rules are VERY strict on how much contact a college can ave with a prospectat any given age.

Very, very few young men are ready for college football in their earle teens; that's why coaches redshirt a lot of freshmen. They're not done growing; there's absolutely no sense in putting a 16 year old on the field, or even on the team (occupying an athletic scholarship, no less!) if they won't even be able to compete for another three years.

They may graduate at 15 or 16, but no legitimate program (that is subject to NCAA rules) will put them on the field to get beat up by players who outreach him by 56 inches, outweigh him by a good 60-80 pounds and are 3-4 years older and more physically and mentally mature.

While I agree there are a lot more 15 and 16 year olds graduating high school and heading off to college than there used to be, it's not because they're going to play football.

Actually your wrong, (Hmm, big surprise).... Not sure if you were aware but in last years NFL draft, the youngest player in NFL history was drafted in the FIRST ROUND at having just turned age 19... why? Because he graduated high school at 16, and played 3 years in college football and left for the NFL one year early.

Also I played college football, was recruited and everything, and the year after I came to college we had a 16 year old on our team. There are several cases which this happens... so I guess just keep an open mind, because things like this are happening.

 

[UncertainRx]

If its true that goes to show you the value of planning ahead. I was kinda undecided in college and didnt even finish all my prereqs after getting my BS. Doh.

Although lame, the living at home thing is a nice way to save up money.

 

[cdpiano27]

Why would just getting a GED hurt someone? I thought once someone applied to pharmacy school only college mattered, and high school was immateiral.

I am not referring to 0-6 programs. Just the regular programs that require a bachelor degree first. I thought high school was totally thrown out.

So if someone goes to CC for 2 years, he/she can still get into certain schools or even transfer to a great school.

I went to CC one year and in 46 credits with a 4.0, applied as a transfer to some good colleges in state and out-of-state.


I was accepted to Central Florida, Flordia, Flordia State, Georgia Tech, Illinois-Champaign, Wisconsin-Madison, SUNY-Stony Brook, Texas A&M


I stayed close and went to UCF which was the most inexpensive option (in-state).

So why would it matter if someone had a GED if they had a bachelor's degree from a respectable college?

 

[eelo]

Actually your wrong, (Hmm, big surprise).... Not sure if you were aware but in last years NFL draft, the youngest player in NFL history was drafted in the FIRST ROUND at having just turned age 19... why? Because he graduated high school at 16, and played 3 years in college football and left for the NFL one year early.

Also I played college football, was recruited and everything, and the year after I came to college we had a 16 year old on our team. There are several cases which this happens... so I guess just keep an open mind, because things like this are happening.

Two? You're giving two examples? Tell me, other than Okoye at Louisville, are these big name schools, Div I? Or are we talking about the Chowans, the Hamiltons, the LaGranges? Amobi Okoye is considered to be "an impact player," but not for another few years. "The likelihood of Okoye making an immediate impact along the defensive line – arguably the toughest position for any rookie to make an immediate impact – is lessened because of his age. That said, Okoye is a legitimately talented player with the size, strength, and overall athleticism to contribute early. The early exposure to the NFL will make the learning curve that much steeper for a player of his age, but ultimately will serve him (and the Texans) well. Five years from now, Okoye very well could be considered the best defensive lineman from this class. Some feel he'll eventually prove to be the best defender regardless of position from this class." http://www.houstonprofootball.com/draft/

They're basically saying they're willing to school him in football, but they admit that he won't be a major influence until he reaches the age of the majority of the rest of the players on the team. Amobi Okoye is not the typical NFL draftee, just as he wasn't the typical 12 year old when he got to this country, he wasn't the typical college student-athlete. One reason that NFL teams are willing to take a chance on him is that besides physical size and talent, he's pretty freakin smart, so he'll learn quickly. To make broad-sweeping generalizations based on the accomplishments of this talented young man is unwise. He is exceptional in virtually every aspect of the word: academically, physically, morally. He is definitely NOT typical of recruiting classes, and to use him as an example of the direction things are going in college football (and ultimately the NFL) is unlikely at best, foolish at worst.

Oh, and Okoye didn't leave school one year early for the NFL. He changed his major so that he could graduate a year early. This may be splitting hairs, but someone who finishes school and graduates early so they can head to the NFL is a different breed of player than, say, a Maurice Clarett (who?) or Marcus Vick (heard much from him lately?). Million-dollar talents with ten-cent heads, those two. Okoye is a unique young man who may indeed be the whole package. I just hope he's already had his late-teens growth spurt, because if he hasn't, he stands a greater chance of getting hurt while playing with the big boys. I do wish him the best, as he seems to be a terrific role model, but he's definitly not the typical recruit by any measure.

Anyow, that's waaaaaay off track, and I don't mean to hijack this thread.

 

[OKgirl]

Why would just getting a GED hurt someone? I thought once someone applied to pharmacy school only college mattered, and high school was immateiral.

I am not referring to 0-6 programs. Just the regular programs that require a bachelor degree first. I thought high school was totally thrown out.

So if someone goes to CC for 2 years, he/she can still get into certain schools or even transfer to a great school.

I went to CC one year and in 46 credits with a 4.0, applied as a transfer to some good colleges in state and out-of-state.


I was accepted to Central Florida, Flordia, Flordia State, Georgia Tech, Illinois-Champaign, Wisconsin-Madison, SUNY-Stony Brook, Texas A&M


I stayed close and went to UCF which was the most inexpensive option (in-state).

So why would it matter if someone had a GED if they had a bachelor's degree from a respectable college?

I'm just talking about getting into a college for your pre-reqs. Maybe I'm thinking that GEDs aren't good because most people I know that got them weren't exactly the brightest. I'm sure that there are smart people who do do that and get into good schools.

 

[rxgales]

if so, i guess he didn't needed the older kid to babysit him while in school...😎

 

[pcproduct]

Ha. My parents would be so proud if my career path took that turn.

 

[JamesL1585]

Two? You're giving two examples? Tell me, other than Okoye at Louisville, are these big name schools, Div I? Or are we talking about the Chowans, the Hamiltons, the LaGranges? Amobi Okoye is considered to be "an impact player," but not for another few years. "The likelihood of Okoye making an immediate impact along the defensive line – arguably the toughest position for any rookie to make an immediate impact – is lessened because of his age. That said, Okoye is a legitimately talented player with the size, strength, and overall athleticism to contribute early. The early exposure to the NFL will make the learning curve that much steeper for a player of his age, but ultimately will serve him (and the Texans) well. Five years from now, Okoye very well could be considered the best defensive lineman from this class. Some feel he’ll eventually prove to be the best defender regardless of position from this class." http://www.houstonprofootball.com/draft/

They're basically saying they're willing to school him in football, but they admit that he won't be a major influence until he reaches the age of the majority of the rest of the players on the team. Amobi Okoye is not the typical NFL draftee, just as he wasn't the typical 12 year old when he got to this country, he wasn't the typical college student-athlete. One reason that NFL teams are willing to take a chance on him is that besides physical size and talent, he's pretty freakin smart, so he'll learn quickly. To make broad-sweeping generalizations based on the accomplishments of this talented young man is unwise. He is exceptional in virtually every aspect of the word: academically, physically, morally. He is definitely NOT typical of recruiting classes, and to use him as an example of the direction things are going in college football (and ultimately the NFL) is unlikely at best, foolish at worst.

Oh, and Okoye didn't leave school one year early for the NFL. He changed his major so that he could graduate a year early. This may be splitting hairs, but someone who finishes school and graduates early so they can head to the NFL is a different breed of player than, say, a Maurice Clarett (who?) or Marcus Vick (heard much from him lately?). Million-dollar talents with ten-cent heads, those two. Okoye is a unique young man who may indeed be the whole package. I just hope he's already had his late-teens growth spurt, because if he hasn't, he stands a greater chance of getting hurt while playing with the big boys. I do wish him the best, as he seems to be a terrific role model, but he's definitly not the typical recruit by any measure.

Anyow, that's waaaaaay off track, and I don't mean to hijack this thread.

I respect and agree with everything you said... Almost.

Someones career can't be predicted on paper, hell he might be an impact player next year... he's very young, lots of potential. Or he could flop. Careers cant be predicted on paper. If they could, Tom Brady woulda been drafted in the first round, and Michael Vick wouldn't have been drafted at all.

 

[eelo]

I respect and agree with everything you said... Almost.

Someones career can't be predicted on paper, hell he might be an impact player next year... he's very young, lots of potential. Or he could flop. Careers cant be predicted on paper. If they could, Tom Brady woulda been drafted in the first round, and Michael Vick wouldn't have been drafted at all.

It would be pretty cool if he turned out to be an impact player next year. Honestly, I'd like to see that.... provided it means he's got 10, 15 years of phenomenal play ahead of him, and not just a couple of great years and then he's plagued by injuries.

I know careers can't always be predicted on paper.... but the paper predictions are what hundreds, maybe thousands of people base their careers on. I'm talking about players, coaches, agents, fans.... all those folks do a certain amount of actuarial science every year. For the most part, the predictions are relatively accurate. There will always be outlyers, and I hope Amobi Okoye is one of them; he seems like a terrific young man, and I hope he does what's hoped of him and beyond. But realistically, about five hundred young men, plus their families, coashes, and agents, per sport each year base their lives on those "paper predictions."

Haha.... I live in the Tidewater, Virginia area (the Vicks are from Newport News). It's not career-enhancing for anyone to discuss Michael or Marcus Vick in positive language these days..... ;-)
**********************************

So anyhow, I read that you took the PCAT this month? How do you think you did? I thought your October score was okay; what made you decide to take it again? Where are you applying? Got any interviews yet?

 

[Allright]

the real estate market isnt rosy with the recession and i have heard running even one gas station is a headache and takes up alot of a time so i doubt this guy has a lot of free time on his hands if he is running multiple gas stations..

 

[WVUPharm2007]

I think the wife will be 22 when she's done. She'll have it made over her peers....making 6 figs married to a dude who is raking in six figs at age 22....I'm jealous...

 

[BacardiGirl]

That's great for him to have a ton of money and retire at 26, but personally, I look at going into Pharmacy (or medicine) more for the sake of helping people and educating them on healthy living/etc. Sure, the money is great, but I also am comfortable making 50-60k (as I have in the past few non-health jobs I have held), so making 150k is not my motivator.

 

[WVUPharm2007]

That's great for him to have a ton of money and retire at 26, but personally, I look at going into Pharmacy (or medicine) more for the sake of helping people and educating them on healthy living/etc. Sure, the money is great, but I also am comfortable making 50-60k (as I have in the past few non-health jobs I have held), so making 150k is not my motivator.

You can help people in many fields. My momma works for the treasury and helps people reclaim lost savings bonds for ****ty government pay. My dad bags up groceries at Kroger and takes them out to the cars of little old ladies for ****ty manual labor pay.

Lots of people want to help people. Why specifically pharmacy?


(They will ask you this on the interview....)

 

[labrat024]

A true life Doogie Howser story.

 

[nerv12345]

i wonder why this person didn't invest into an independent pharmacy (or two?)

 

[UncertainRx]

You can help people in many fields. My momma works for the treasury and helps people reclaim lost savings bonds for ****ty government pay. My dad bags up groceries at Kroger and takes them out to the cars of little old ladies for ****ty manual labor pay.

Lots of people want to help people. Why specifically pharmacy?


(They will ask you this on the interview....)

Yup they ask that. So uh... whats the right answer for that? 😀

 

[jackal head]

Yup they ask that. So uh... whats the right answer for that? 😀

allows you to help others while at the same time maintaining a flexible and secure job

based on your previous experience [enter experience here], you have found that you would be most affective in a pharmaceutical environment

just my guess

 

[WVUPharm2007]

allows you to help others while at the same time maintaining a flexible and secure job

just my guess

And then the interviewer will say, "That's an interesting opinion. One of the criticisms of pharmacy jobs are that they tend to be rather unflexible. 14 hour shifts, working holidays. We're talking in hospitals and in community pharmacies. With the labor shortage, employers wind up making their pharmacists work 40+ hours more than they probably should."

What's the right answer? Don't say you are there to help people in the first place. It's a stupid answer. It's like saying you want to be a pharmacist so you can pay your utilities and rent....because every job will help you pay utilities and rent. You help people at every job. The people at McDonalds help people.

 

[tvdang7]

he's helping the sick people by providing them with gas to get to the pharmacy.

hahahahhaah

 

[drugdoc]

The only way to get out of HS early (assuming he didn't skip grades in elementary school) is to get your GED or drop out, which I think would hurt his chances of getting into pharmacy school.

Not true. I graduated early from high school because I had enough credits. I started taking college classes middle of my 'senior' year. One can start taking PSEO (Post-Secondary Education Option) classes as a junior in high school.

 

[labrat024]

http://www.komotv.com/news/14848331.html

 

[rxgales]

and there is a 80 year old doctor, so it's never too late to get your degree...forgot the link

 

[babetrang]

I guess his family is rich. I'm living with my parents but I have to give them $700/month to help them out because they're not rich. I would be so bored if I retire by the age of 30. There is nothing else to do when you already achieved all your goals. Nothing else to look forward and no more motivation... Life would be so meaningless then.

 

[yazzman]

😱I had a friend who graduated high school early and went to community college and from 16-18 did his prepharm and 18-21 his pharmd and he is now 25 with 4 years of pharmacy experience and is loaded. lived with his parents till last month and invested every single penny of his salary into business. He is retiring in one year😳 I am amazed and thought I share.

He is still young and really doesnt know which way he wants to life to go...retirement so early....that is the impression i am getting.....The most successful people I know were just starting to get their stride at 25 and really were in the right direction in getting rich...FYI...gas station business isnt that glamerious...I know may people who own quick stops/ am pm gas statiions and they all hate it..........

what would have been more impressive...if they guy kept his pharmacy job to help others and also owned those gas stations......There are many people I know that have done multifply things at once at a young age........