160k of tuition. 80k x 4 = 320k lost wages. 30k x 3 Delta wages.
500k in costs before your first year of big earnings.
You said 30 years. I'm counting 2.
Disingenuous.
500k in costs before your first year of big earnings.
You said 30 years. I'm counting 2.
Disingenuous.
Missing interest - unless you really want to fuck yourself in the short term. 160k of tuition costs more like $300k with the standard payment play. Good luck if you have undergrad debt. Could easily add $500k more to your debt load.
> 80k x 4 = 320k lost wages.
Try a number closer to $400k. Also a good portion of MD's take a gap year for research either during med school or before residency. Potentially adds a year.
> 30k x 3 Delta wages.
3 years is for family medicine, most other specialities are 4 years - so add a year. Surgery is more like 8 years.
This wage delta is more on the order of $80k to $100k+ per year. I have friends who are closer to $150k+ per year wage gap compared to their MD spouses.
For my wife and I this number will be $400k.
$300k + $400k + $400k = $1.1m+ difference.
> You said 30 years. I'm counting 2.
You're counting two because you're only looking at salary and not the salary difference. I'm counting 15 at minimum on a pure salary income.
My wife is also working 80/hours week. I'm working 40. It will take into our 50's before my wife makes more on a per hour basis than I do. If I worked 80 hours per week, my wife would never catch up.