- The total of my future expenses each year are $130,000 I know this is logical because my primary sources for information are my mom and New York Times Magazine.
- According to CNN I can likely count on making $100,000 each year in my future job as an actress. My education/training to get that job will cost $231,800 total for all years of training.
- I want to save $50,000 for my rainy day fund each year, and $10,000 for retirement each year. If I save $10,000 for retirement each year, by the time I am 65 years old I will have $400,000 plus interest on investments.
- Comparing my future income and expenses makes me think that I have quite a bit to plan for. It definitely won't be as simple as I expected.
Monday, July 20, 2015
In Ten Years
In ten years, I already will have had 2 years working as an actress in New York, Los Angeles, or Marin County. I will have at least a bachelors degree in Dramatic Arts.
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Why do you want to save more money in your rainy day fund than towards your retirement?
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