Hookersandblow
Full Member
- Joined
- Sep 5, 2018
- Messages
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Hi guys,
Our physician is 32 years old and just finished his onc/heme fellowship. Works in a state with no income tax, let's say in a PP-group in Austin in TX:
year 1 salary: 300k
year 2 salary: 400k
year 3 salary: 500k
Above with 50-55 hours a week.
Now, this guy is debt free too.
Would he be able to afford a lamborghini Huracan 2014 (80-130k second hand) and live in a 1,7 million dollar house at the age of 35 (year 3) and contribute so that the nest egg at retirement is 2mil at the age of 65?
If not, let's say he can work 60-70 hours and make 600-700k a year in that PP-group. Would that be sufficient?
Edit: Doc is single so no nagging wife or children
Thanks,
Our physician is 32 years old and just finished his onc/heme fellowship. Works in a state with no income tax, let's say in a PP-group in Austin in TX:
year 1 salary: 300k
year 2 salary: 400k
year 3 salary: 500k
Above with 50-55 hours a week.
Now, this guy is debt free too.
Would he be able to afford a lamborghini Huracan 2014 (80-130k second hand) and live in a 1,7 million dollar house at the age of 35 (year 3) and contribute so that the nest egg at retirement is 2mil at the age of 65?
If not, let's say he can work 60-70 hours and make 600-700k a year in that PP-group. Would that be sufficient?
Edit: Doc is single so no nagging wife or children
Thanks,