The total of my future expenses each year are $83,070. I know this is logical because my primary sources for information are zillow.com, collegeboard.com, and ehealthinsurance.com.
According to Apple, I can likely count on making $125,000 each year in my future job as the Principal Electrical Engineer. My education/training to get that job will cost $200,000 total for all years of training.
I want to save $10,000 for my rainy day fund each year, and $2,500 for retirement each year, by the time I am 65 years old I will have $122,500 plus interest.
Comparing my future income and expenses makes me think that I need to begin thinking about my expenses and future on a daily basis to keep on track for a successful life.
Wow, I am just surprised that you want to save more money for a rainy day, than saving for your retirement. I wonder why you made this decision/choice?
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