I had a few minutes and I tried to plan out how much I can save per year for the next few years.
I assumed that when I get a full-time job the pay will be at least $40,000 before taxes.
I then assumed that the taxes taken out of my paychecks will total 20% (this is just an assumption).
So using those facts that leaves me with $32,000.
Next, I thought about my living situation. I definitely want to live with roommates. I'm just used to this I think, and it might get too quiet if it's just me in a one bedroom apartment. Also, it will be cheaper! I'm going to assume living expenses and bills to total $900/month. This figure will depend on tons of factors, but it should be around $900. This will equal $10,800/year leaving me with $21,200.
Seeing this figure I think I should positively be able to saving $10,000. The rest will be used for other expenses, buying things, entertainment, etc.
I think for the first few years at a full-time job, $10,000 will be my savings goal. All the calculations I've done in the past where I figured out my potential net worth at the age of 50 or so, always used savings per year of around $8000 to $9000. I think $10,000 is a realistic goal, and if it is then hitting my long-term goals might be a little easier.
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