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If he saved enough, ha. You'd be surprised at how many doctors making $300k+/yr have less than a couple years' worth of expenses saved up :/
by dmoy 9y ago
If he saved enough, ha. You'd be surprised at how many doctors making $300k+/yr have less than a couple years' worth of expenses saved up :/
- ekianjo 9y agoany source for that claim?
- dmoy 9y agoAlan Reynolds' book "Income and Wealth". I mean doctors in particular, but other high income earners in professional areas as well.
- toomuchtodo 9y agoThe longer he’s in prison, he’ll be closer to full retirement age, meaning he’ll collect a higher social security benefit (62 is the bare minimum, waiting until 70 gives you the highest monthly amount). He’s essentially already retired now.
- dmoy 9y agoTrue, I merely mean that he may be used to a much higher annual expense than he'll be able to afford in retirement. Which is fine, he ain't gonna starve if he worked that long as a doctor.
- deleted 9y ago[deleted]
- village-idiot 9y agoI imagine that the $800,000 in restitution and any other legal fees probably wiped all that out.