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I've met so many millenials in their late 20s and early 30s who have never

invested in mutual funds or planned for retirement. I know ...
cerebral cerise base
  01/21/18
Is he paying off loans?
razzmatazz really tough guy
  01/21/18
He plans to work as a hospitalist for the first decade of hi...
cerebral cerise base
  01/21/18
I think income based repayment plans will go away. Just k...
razzmatazz really tough guy
  01/21/18
He'll get grandfathered in. I think it's better to pay the m...
cerebral cerise base
  01/21/18
Doesn't he have to work for a public agency? What is the opp...
razzmatazz really tough guy
  01/21/18
Hospitalist means he works for a hospital and thus a non-pro...
cerebral cerise base
  01/21/18
Sounds like a good plan then.
razzmatazz really tough guy
  01/21/18
u dont become an internal med doc until you're at least 32
doobsian zombie-like karate cruise ship
  01/21/18
Not true
cerebral cerise base
  01/21/18
Huh? It's 29 for most people.
razzmatazz really tough guy
  01/21/18
graduate college at 22 graduate med school at 26 gradu...
doobsian zombie-like karate cruise ship
  01/21/18
IM residencies are 3 years.
razzmatazz really tough guy
  01/21/18
oh... which residencies are 8 years/
doobsian zombie-like karate cruise ship
  01/21/18
I don't know if any are 8 years. Maybe with fellowships. If ...
razzmatazz really tough guy
  01/21/18
Neurosurgery is 7 years
cerebral cerise base
  01/21/18
hehe they know that your retirement funds will help pay for ...
Cracking Candlestick Maker
  01/21/18
The number of urban early 30s (almost all females) that rent...
Avocado Heady Halford
  01/21/18
this. i know plenty who do this and work as hostess or se...
doobsian zombie-like karate cruise ship
  01/21/18
I know software engineer chicks who do 2-3 expensive Europe ...
cerebral cerise base
  01/21/18
The work-funemployment cycle seems to be a SW engineer subcu...
razzmatazz really tough guy
  01/21/18
the ones I know who do this are all executive assistants or ...
Avocado Heady Halford
  01/22/18
Crypto is the saver's only hope. Lol you're going to have to...
razzmatazz really tough guy
  01/21/18
they went all in on eth at 20
Swashbuckling Mad-dog Skullcap
  01/21/18
The fact you need to have 1.4 MILLION saved to live off 40k ...
Walnut Locale
  01/22/18
Seriously. No way can most people accomplish this. It is imp...
Brass Doctorate Twinkling Uncleanness
  01/22/18
...
crusty address gunner
  01/22/18


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Date: January 21st, 2018 8:41 PM
Author: cerebral cerise base

invested in mutual funds or planned for retirement. I know a young internal med doc who spends his whole paycheck the moment he gets it

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206001)



Reply Favorite

Date: January 21st, 2018 8:41 PM
Author: razzmatazz really tough guy

Is he paying off loans?

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206005)



Reply Favorite

Date: January 21st, 2018 8:43 PM
Author: cerebral cerise base

He plans to work as a hospitalist for the first decade of his career. I told him to invest and go on PAYE for PSLF. Is that sound advice?

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206033)



Reply Favorite

Date: January 21st, 2018 8:45 PM
Author: razzmatazz really tough guy

I think income based repayment plans will go away.

Just keep living like a resident until your loans are paid off. It should only take a few years.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206048)



Reply Favorite

Date: January 21st, 2018 8:47 PM
Author: cerebral cerise base

He'll get grandfathered in. I think it's better to pay the minimum and invest the rest and then have him have those loans wiped with no tax bomb

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206065)



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Date: January 21st, 2018 8:48 PM
Author: razzmatazz really tough guy

Doesn't he have to work for a public agency? What is the opportunity cost if any for salary?

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206078)



Reply Favorite

Date: January 21st, 2018 8:49 PM
Author: cerebral cerise base

Hospitalist means he works for a hospital and thus a non-profit. He makes 225K.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206084)



Reply Favorite

Date: January 21st, 2018 8:51 PM
Author: razzmatazz really tough guy

Sounds like a good plan then.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206114)



Reply Favorite

Date: January 21st, 2018 8:42 PM
Author: doobsian zombie-like karate cruise ship

u dont become an internal med doc until you're at least 32

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206013)



Reply Favorite

Date: January 21st, 2018 8:43 PM
Author: cerebral cerise base

Not true

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206024)



Reply Favorite

Date: January 21st, 2018 8:43 PM
Author: razzmatazz really tough guy

Huh? It's 29 for most people.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206029)



Reply Favorite

Date: January 21st, 2018 8:44 PM
Author: doobsian zombie-like karate cruise ship

graduate college at 22

graduate med school at 26

graduate 4 year residency at 30

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206043)



Reply Favorite

Date: January 21st, 2018 8:46 PM
Author: razzmatazz really tough guy

IM residencies are 3 years.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206057)



Reply Favorite

Date: January 21st, 2018 8:48 PM
Author: doobsian zombie-like karate cruise ship

oh... which residencies are 8 years/

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206071)



Reply Favorite

Date: January 21st, 2018 8:50 PM
Author: razzmatazz really tough guy

I don't know if any are 8 years. Maybe with fellowships. If you become a brain surgeon I could see 8 years of training after med school.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206103)



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Date: January 21st, 2018 8:50 PM
Author: cerebral cerise base

Neurosurgery is 7 years

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206112)



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Date: January 21st, 2018 8:46 PM
Author: Cracking Candlestick Maker

hehe they know that your retirement funds will help pay for theirs hehe

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206062)



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Date: January 21st, 2018 8:48 PM
Author: Avocado Heady Halford

The number of urban early 30s (almost all females) that rent, have significant CC debt, and no retirement saving is mind boggling. They somehow come up with cash for at least one European vacation per year, though

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206080)



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Date: January 21st, 2018 8:51 PM
Author: doobsian zombie-like karate cruise ship

this.

i know plenty who do this and work as hostess or servers... it's insane they can travel so damn much

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206125)



Reply Favorite

Date: January 21st, 2018 8:52 PM
Author: cerebral cerise base

I know software engineer chicks who do 2-3 expensive Europe trips a year...No savings

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206134)



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Date: January 21st, 2018 8:54 PM
Author: razzmatazz really tough guy

The work-funemployment cycle seems to be a SW engineer subculture.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206153)



Reply Favorite

Date: January 22nd, 2018 8:56 AM
Author: Avocado Heady Halford

the ones I know who do this are all executive assistants or work in marketing

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35208396)



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Date: January 21st, 2018 8:52 PM
Author: razzmatazz really tough guy

Crypto is the saver's only hope. Lol you're going to have to be secretly rich for the rest of your life.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206136)



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Date: January 21st, 2018 8:55 PM
Author: Swashbuckling Mad-dog Skullcap

they went all in on eth at 20

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35206160)



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Date: January 22nd, 2018 9:06 AM
Author: Walnut Locale

The fact you need to have 1.4 MILLION saved to live off 40k per year when you retire, which will be min wage when we do, makes this pointless for 80% of millenials.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35208422)



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Date: January 22nd, 2018 9:27 AM
Author: Brass Doctorate Twinkling Uncleanness

Seriously. No way can most people accomplish this. It is impossible.

(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35208509)



Reply Favorite

Date: January 22nd, 2018 9:55 AM
Author: crusty address gunner



(http://www.autoadmit.com/thread.php?thread_id=3866856&forum_id=2#35208639)