I posted this in the personal finance sub but I figured it wouldn’t hurt to get some insight from this one as well.

I’m less than a month shy of 21 and I’ve been in the military since the end of June. I’m going to be in until 2027 and my goal is to have all my ducks in a row once I get out so that I can do what it is that I desire and that is move to Miami. 2027 seems far away but it will be here before I know it. However, I have plenty of time to save up but I don’t know exactly what to do to get me to my dream. I want to live in a luxury apartment (a penthouse if I’m being honest but a good stainless steel high rise will suffice) and attend medical school so that I can become a doctor. With me being in the military (living rent free), what are the steps I need to take to get me to Miami? Do I need to start a business to save faster? Do I need to start investing more into my Robinhood account? What should my plan be?

Thank you so much.

  • SheddingCorporate@alien.topBEnglish
    1·
    10 months ago

    In med school, you won’t be making much money, and you’ll have astronomically high expenses. Save up as much as you can before you start, so that you can avoid massive student loans. Assume you won’t be living in that luxury penthouse while in school (you won’t have the income necessary to support that).

    Once you’ve graduated and are making a 200k salary, you can live wherever you want.

    Keep your eyes on the prize. Focus on getting through the years of service and then on getting your degree. If you can have that degree of patience, you will literally never know want again. Again, read I Will Teach You To Be Rich to understand how a powerful vision will propel you to your goals.