Monday, July 14, 2014

Expenses living as an Intelligence Analyst in Washington DC

  • The total of my future expenses each year are $99,735.28.  I know this is logical because my primary sources for information are based on my family expenses, Zillow.com and https://www.chooseenergy.com/electricity-locations/washington-dc/?gclid=CLful8rRxr8CFQqIfgodv1gA-A. 

  • According to Diploma Guide (http://diplomaguide.com/articles/Intelligence_Analyst_Career_Info.html) I can likely count on making $ 103,000 each year in my future job as an Intelligence Analyst.  My education/training to get that job will cost $ 200,000 total for all years of training.
  • I want to save $ 8,400 for my rainy day fund each year, and $ 6,000 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.
  • Comparing my future income and expenses makes me think I have to starts to making plans where I can get the money for my education and save for the begining years at my future job. Also, I think that if a year I can get a income of $103,000 I may have some breathing space monetary to help my family financially. 

1 comment:

  1. It's good that you used your own family expenses as a reference; very smart! It's also really nice that you're planning on helping them out later in life!

    ReplyDelete