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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 ...
Exhilarant den
  01/21/18
Is he paying off loans?
razzle area dragon
  01/21/18
He plans to work as a hospitalist for the first decade of hi...
Exhilarant den
  01/21/18
I think income based repayment plans will go away. Just k...
razzle area dragon
  01/21/18
He'll get grandfathered in. I think it's better to pay the m...
Exhilarant den
  01/21/18
Doesn't he have to work for a public agency? What is the opp...
razzle area dragon
  01/21/18
Hospitalist means he works for a hospital and thus a non-pro...
Exhilarant den
  01/21/18
Sounds like a good plan then.
razzle area dragon
  01/21/18
u dont become an internal med doc until you're at least 32
olive excitant private investor
  01/21/18
Not true
Exhilarant den
  01/21/18
Huh? It's 29 for most people.
razzle area dragon
  01/21/18
graduate college at 22 graduate med school at 26 gradu...
olive excitant private investor
  01/21/18
IM residencies are 3 years.
razzle area dragon
  01/21/18
oh... which residencies are 8 years/
olive excitant private investor
  01/21/18
I don't know if any are 8 years. Maybe with fellowships. If ...
razzle area dragon
  01/21/18
Neurosurgery is 7 years
Exhilarant den
  01/21/18
hehe they know that your retirement funds will help pay for ...
Flickering roommate
  01/21/18
The number of urban early 30s (almost all females) that rent...
Amber Well-lubricated Station Coffee Pot
  01/21/18
this. i know plenty who do this and work as hostess or se...
olive excitant private investor
  01/21/18
I know software engineer chicks who do 2-3 expensive Europe ...
Exhilarant den
  01/21/18
The work-funemployment cycle seems to be a SW engineer subcu...
razzle area dragon
  01/21/18
the ones I know who do this are all executive assistants or ...
Amber Well-lubricated Station Coffee Pot
  01/22/18
Crypto is the saver's only hope. Lol you're going to have to...
razzle area dragon
  01/21/18
they went all in on eth at 20
Stimulating know-it-all native
  01/21/18
The fact you need to have 1.4 MILLION saved to live off 40k ...
Cracking lettuce box office
  01/22/18
Seriously. No way can most people accomplish this. It is imp...
Frisky incel public bath
  01/22/18
...
180 Queen Of The Night
  01/22/18


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Date: January 21st, 2018 8:41 PM
Author: Exhilarant den

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)



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Date: January 21st, 2018 8:41 PM
Author: razzle area dragon

Is he paying off loans?

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



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Date: January 21st, 2018 8:43 PM
Author: Exhilarant den

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)



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Date: January 21st, 2018 8:45 PM
Author: razzle area dragon

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)



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Date: January 21st, 2018 8:47 PM
Author: Exhilarant den

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: razzle area dragon

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)



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Date: January 21st, 2018 8:49 PM
Author: Exhilarant den

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: razzle area dragon

Sounds like a good plan then.

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



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Date: January 21st, 2018 8:42 PM
Author: olive excitant private investor

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: Exhilarant den

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: razzle area dragon

Huh? It's 29 for most people.

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



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Date: January 21st, 2018 8:44 PM
Author: olive excitant private investor

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)



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Date: January 21st, 2018 8:46 PM
Author: razzle area dragon

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: olive excitant private investor

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: razzle area dragon

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: Exhilarant den

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: Flickering roommate

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: Amber Well-lubricated Station Coffee Pot

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: olive excitant private investor

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)



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Date: January 21st, 2018 8:52 PM
Author: Exhilarant den

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: razzle area dragon

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: Amber Well-lubricated Station Coffee Pot

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: razzle area dragon

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: Stimulating know-it-all native

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: Cracking lettuce box office

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: Frisky incel public bath

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

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



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Date: January 22nd, 2018 9:55 AM
Author: 180 Queen Of The Night



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