MedicalDoc
Dryer sheet wannabe
- Joined
- Mar 19, 2006
- Messages
- 13
For more helpful (and accurate) comparisons, here is my data:
My wife and I are physicians in our mid-40s
Our total gross income: $~580K/yr
403B and academic annuity savings: ~$1,000,000 (90% stocks)
After tax retirement account: $500K (75% stocks)
Take home: ~380K/yr
Savings (403B and after tax accounts): ~125K/yr
Academic annuity (paid by our employers) 60K/yr
So we save about 1/3 of our take-home salary. How does that compare to you? Any advice?
We are hoping to retire in about a dozen years and figure that we should have around 7 million by then
My wife and I are physicians in our mid-40s
Our total gross income: $~580K/yr
403B and academic annuity savings: ~$1,000,000 (90% stocks)
After tax retirement account: $500K (75% stocks)
Take home: ~380K/yr
Savings (403B and after tax accounts): ~125K/yr
Academic annuity (paid by our employers) 60K/yr
So we save about 1/3 of our take-home salary. How does that compare to you? Any advice?
We are hoping to retire in about a dozen years and figure that we should have around 7 million by then