- Joined
- Apr 4, 2013
- Messages
- 1
- Reaction score
- 0
- Points
- 0
- Non-Student
Advertisement - Members don't see this ad
This will be somewhat long, so I do apologize for that. I just want to make sure the full details of my situation are covered. I don't want to accidentally misrepresent myself or my goals and thereby get inaccurate advice.
I'm graduating from a top 20 US college with a degree in mathematics. I'll be working as a software engineer making good money ($75k with an additional bonus that is predicted to be about 10%).
I realized about a year ago that this wasn't really my dream career, but since I was then an upcoming senior in college I didn't have the courage to really change my path. I felt as though I was stuck on this path and actually fell into a bit of a depression (there were a few other factors in life that contributed to that as well). That caused me to really mess up my grades last semester (an F and a D), which tarnished what was otherwise a pristine academic record (I've had semesters with straight A+s, etc.). My GPA plummeted to ~3.3, which is thankfully not terrible but certainly not what it once was. I bring that up because I am curious what it will look like when I eventually apply to medical schools.
The hitch is that I don't have many of the prerequisuite classes. Why didn't I just take them this year? Because, like I wrote, I wasn't mentally prepared to make such a shift in my life, but I'm realizing that this change will be for the better.
So my current plan was to take online classes in biology, organic chemistry, etc., while working full-time. That brings me to my first question:
* Considering that I will have a degree from a highly ranked institution, will it matter to medical schools if I take the biology and chemistry prerequisites online while working? Of course, the labs would be in-person, but not having to attend in-person lectures every day after work would make this a much more realistic scenario for me.
Now I'm guessing it will take me two years to finish the prerequisites, since I'll need a number of classes and I'll be working at the same time. My second question is this:
* Will I need to shadow under a physician before applying? How is this done while working full-time and taking classes part-time? I apologize if this is an ignorant question. Please understand I really am an outsider in terms of the process of accomplishing this. All I know is that I feel a calling for medicine and have for a while but wasn't prepared to change my life's path.
I have another question regarding finances. My current plan while working was to put at least 10% of my salary into a 401(k) and to also max out an IRA. That would be a total of $7500 + $5500 = $13k/year. If I spend two years preparing for medical school before enrolling, that's $26k from retirement savings. I'm considering not putting this into retirement vessels and instead saving it as cash. This would make it highly liquid so that I could use it to help pay off the eventual debt I'd take on.
I'm not in this for the money, but I understand that certain medical specialties (I'm undecided right now) can pay a considerable amount of money compared to what software engineers are paid, so I feel like it might be a wise financial move to defer the retirement savings until later, when I'm practicing, and to save that extra money now to help with living expenses or debt from school.
Keep in mind I'll also be saving at least $1k in cash every month regardless of what I do with the retirement funds. If I were to save the retirement funds as cash, I'd be looking at $25k/year in cash savings, not including the annual bonus, which could bring that up to $30k. So, I could conceivably have $60k saved up by the time I matriculate.
I'm also hoping to hear from anybody else who has pursued this path. Do you have any general advice for me?
Thanks so much! I really appreciate any time you take to read over this and reply. It means a lot to me. I know this isn't a short post.
I'm graduating from a top 20 US college with a degree in mathematics. I'll be working as a software engineer making good money ($75k with an additional bonus that is predicted to be about 10%).
I realized about a year ago that this wasn't really my dream career, but since I was then an upcoming senior in college I didn't have the courage to really change my path. I felt as though I was stuck on this path and actually fell into a bit of a depression (there were a few other factors in life that contributed to that as well). That caused me to really mess up my grades last semester (an F and a D), which tarnished what was otherwise a pristine academic record (I've had semesters with straight A+s, etc.). My GPA plummeted to ~3.3, which is thankfully not terrible but certainly not what it once was. I bring that up because I am curious what it will look like when I eventually apply to medical schools.
The hitch is that I don't have many of the prerequisuite classes. Why didn't I just take them this year? Because, like I wrote, I wasn't mentally prepared to make such a shift in my life, but I'm realizing that this change will be for the better.
So my current plan was to take online classes in biology, organic chemistry, etc., while working full-time. That brings me to my first question:
* Considering that I will have a degree from a highly ranked institution, will it matter to medical schools if I take the biology and chemistry prerequisites online while working? Of course, the labs would be in-person, but not having to attend in-person lectures every day after work would make this a much more realistic scenario for me.
Now I'm guessing it will take me two years to finish the prerequisites, since I'll need a number of classes and I'll be working at the same time. My second question is this:
* Will I need to shadow under a physician before applying? How is this done while working full-time and taking classes part-time? I apologize if this is an ignorant question. Please understand I really am an outsider in terms of the process of accomplishing this. All I know is that I feel a calling for medicine and have for a while but wasn't prepared to change my life's path.
I have another question regarding finances. My current plan while working was to put at least 10% of my salary into a 401(k) and to also max out an IRA. That would be a total of $7500 + $5500 = $13k/year. If I spend two years preparing for medical school before enrolling, that's $26k from retirement savings. I'm considering not putting this into retirement vessels and instead saving it as cash. This would make it highly liquid so that I could use it to help pay off the eventual debt I'd take on.
I'm not in this for the money, but I understand that certain medical specialties (I'm undecided right now) can pay a considerable amount of money compared to what software engineers are paid, so I feel like it might be a wise financial move to defer the retirement savings until later, when I'm practicing, and to save that extra money now to help with living expenses or debt from school.
Keep in mind I'll also be saving at least $1k in cash every month regardless of what I do with the retirement funds. If I were to save the retirement funds as cash, I'd be looking at $25k/year in cash savings, not including the annual bonus, which could bring that up to $30k. So, I could conceivably have $60k saved up by the time I matriculate.
I'm also hoping to hear from anybody else who has pursued this path. Do you have any general advice for me?
Thanks so much! I really appreciate any time you take to read over this and reply. It means a lot to me. I know this isn't a short post.
