There is a similar post floating around on the bogleheads site right now for 30 years old. Since docs and dentists are a little later in starting I thought I would pose that question here, but a little later. I'll go first.
At 40, married with three kids under 6
private practice radiologist
$189,000 left on a 15 year mortgage-currently in year 4. Conservative home estimate is $750,000.
no other debt. educational debt was the first thing to go.
income between $650,000-700,000. stable group with declining reimbursements, like with decreasing income over the next several years.
retirement savings;
tax deferred: $250,000
taxable: $200,000
emergency fund: $30,000
At 40, married with three kids under 6
private practice radiologist
$189,000 left on a 15 year mortgage-currently in year 4. Conservative home estimate is $750,000.
no other debt. educational debt was the first thing to go.
income between $650,000-700,000. stable group with declining reimbursements, like with decreasing income over the next several years.
retirement savings;
tax deferred: $250,000
taxable: $200,000
emergency fund: $30,000
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