Dropping Out by 30?

Spazyfool
Spazyfool

Hey, Veeky Forums, I'll spare the blogging and cut to the numbers. I'm currently 20 years old and looking to finish an Applied Mathematics degree by age 23.

Trying to fit into normal society isn't working, so I'd like to return to recluse mode and live out the rest of my days online as soon as financially possible. Here's my estimated list of expenses.

Home: $100,000
Property tax: $75,000 for 50 years though property tax shouldn't even be legal but whatever.
Car: $25,000, 5-year maintenance cost included.
Bicycle: $500 if I'm feeling super fancy or something, otherwise like $100
Food: $500 a month. Overestimating costs.
Entertainment (Best available internet, buying games, legitimately acquiring animu and toys and shit.): $750/month.
Utilities (Based on average in area, scaled for size of home): $150/month.

Other expenses (clothing, vacation (My "vacations" would cost like $500 tops unless I wanted to go feel awkward in Japan or something), investing) per annum: $10,000

So is it possible to reach that point before 30? I don't intend to never attempt to make money again; I really want to create websites for kids/teenagers. I get nostalgic for that shit and want to help some other people's childhoods be less shitty.

But I'd like to be able to live comfortably before throwing it all on that sort of deal, since those sites aren't pulling Facebook-tier returns, and I have no intention of running ads on them.

So in total:

Money required: $468,000 for 10 years of living with those expenses.
Time alloted to get it before being 31: 10 years
Time left before getting a degree: 2-3 years
Time alloted to get that money while having an Applied Mathematics degree: 7-8 years.
Required savings per year post-college: $59,000 - $67,000 per year.
Unknown variable trends: Inflation/recession/medical emergencies.

All urls found in this thread:
http://www.pittrealty.net/default.asp?content=expanded&search_content=results&this_format=1&mls_number=114364&page=18&query_id=165272548&sortby=2
http://www.careeronestop.org/toolkit/wages/find-salary.aspx?keyword=Computer%20Programmers&soccode=151131&location=66762
https://www.youtube.com/watch?v=-paxK11Dk5E
farquit
farquit

@Spazyfool
Live with your parents till you have that much money, I'm doing the same OP. Except I'm going to try the stocks after I graduate, if it doens't work out im going to kill myself

Best of luck

Carnalpleasure
Carnalpleasure

@farquit
Live with your parents.

I can't stand them, so it's not much of an option. Plus, I probably won't find work where they live.

BunnyJinx
BunnyJinx

home: $100,000
Where the hell is this?

New_Cliche
New_Cliche

Well you can do the math better than I can.

However wouldn't it be a better use of time to just find a job you like?

I mean I know some autistic fucks, and they found jobs they like I'm sure you can too.

Fried_Sushi
Fried_Sushi

@BunnyJinx
I live in the Southern United States, and I listed $100,000 because I was looking in a very specific area located near a park I would like to be closer to.

I can get a home for around $50k in a safe area if I'm not picky about location and simply looking for a bargain, but the average price is hovering in the 80-90k range.

Crazy_Nice
Crazy_Nice

@New_Cliche
I'm very hard pressed to find passion, unfortunately. I used to be very passionate about things that caught my interest, but it's like my will do do anything has slowly been sapped away over the course of 10 or so years of parents and peers belittling my interests. Now I'm a joyless shell of my childhood self, with no skills from abandoning my interest and no real sense of hope to pursue them further.

haveahappyday
haveahappyday

@Crazy_Nice

See a psychiatrist, you have depression

Bidwell
Bidwell

@haveahappyday
I got diagnosed with it once before, but US mental healthcare is utter garbage tier and the handling of it makes me unwilling to trust any further psychiatrists.

CodeBuns
CodeBuns

@Bidwell
That sounds like an awful future, even if you do make that kind of money to be able to afford that, by 10 or 20 years your either going to run out or your going to look back and see that you shut off the whole world around you just to dedicate your life to a computer screen. There is way more to life then anime and vidya.
your fuckin young still you have the whole rest of your life in front of you, dont waste it just because you think you dont fit in with family or peers, fuck them, but dont become a hermit on the internet. thats probably what they expect you to do, dont give them that satisfaction.
do something big with your life, even if you think you got enough, you can always get more.

King_Martha
King_Martha

@CodeBuns
Regardless of the path, I need to get the ball rolling. I can't even gain traction, here.

Poker_Star
Poker_Star

@Crazy_Nice
Let me give you a bit of perspective on what happened in my life from 20 to 25.
Went to italy
Learned how to drink wine
found the love of my life
learned how to drink beer
Found a passion for electronics
changed my major from music to electrical engineering
Graduated College

Now I'll run some numbers so you can actually get something from this.
From year 20 - 23
Around 10k a year for tuition so 30k total
Add around another 10k for living during the 3 yrs, so now where at 40k
After College
at this point you need to decide if you want to master or not. Most jobs in the math field requires a masters or a phd, without it you'll probably make around 40 - 60k.
Going for a masters
If you get a graduate position then you'll make around 35k a year for the next two years. Subtract the 10k for living expenses. You just about break even.
Year 25-30
Now you'll make 70k a year and get steady raises til you're in the six digit territory. Chances are you'll save back around 20k to 40k as your lifestyle changes.

So chances are you really won't be able to drop off by 30. This is also compounded by the fact to even make this plan work you still have to be social adapt.

Deadlyinx
Deadlyinx

@BunnyJinx
this desu
way too cheap

Emberfire
Emberfire

@Deadlyinx
in certain parts of middle america you can find houses that cheap
http://www.pittrealty.net/default.asp?content=expanded&search_content=results&this_format=1&mls_number=114364&page=18&query_id=165272548&sortby=2

Evilember
Evilember

@Poker_Star
What if I minor in something for which the field is fine with bachelors, like CS?

@Deadlyinx
It's not. See @Fried_Sushi

TurtleCat
TurtleCat

@Evilember
Well it gets tricky. Really the biggest factor on that will be where you live. If you want to live.

Here's a link to wages where I live
http://www.careeronestop.org/toolkit/wages/find-salary.aspx?keyword=Computer%20Programmers&soccode=151131&location=66762

You should be able to use that to get some good data

DeathDog
DeathDog

@Crazy_Nice

Sounds like you need a friend

TechHater
TechHater

@TurtleCat
Nice. Median in the same area as my housing estimate is about $78k annually, with the low being $54k and the high being $110k

BinaryMan
BinaryMan

@DeathDog
Friends don't come easy.

GoogleCat
GoogleCat

@TechHater
Remember though you're going to have to work up to median. You'll probably spend a couple of year towards the low end. Also know that finishing your degree up is no simple feat.

haveahappyday
haveahappyday

@GoogleCat
True, but I have no other options.

Well, I could go to UTI And get a mechanic certification for less money and starting at around the same pay. My friend went that route instead of uni and pulled in about 50k last year.

Methnerd
Methnerd

@Emberfire
Houses have a maintenance cost to them as well.

King_Martha
King_Martha

@Methnerd
Falls under other expenses.

Stupidasole
Stupidasole

So if I go for a master's degree, mathematician jobs can net around 110k per annum on the high end where I live. I'd be 25, and have five years of earnings, though I doubt I'd start that high, too.

Sir_Gallonhead
Sir_Gallonhead

@Stupidasole
Yeah, especially if you become an actuary or a statistician. However your millage will very depending on a whole host of factors.

haveahappyday
haveahappyday

@Spazyfool

Fuck doing what you love and do what pays well. I have the same degrees (BS Finance, BS Economics, MS Mathematics) and work in data science. I work from home most days, using Skype and VPNs to access client databases. Thanks to veteran education programs, I have zero college debt. Literally cannot spend money fast enough.

SniperWish
SniperWish

@Spazyfool
You are severely overestimating your costs. I estimate that I will spend around $12,000 a year in my retirement years. I have a six figure software engineering job right out of college, and expect to be financially independent in 5 years, under the 4% rule.

Fuzzy_Logic
Fuzzy_Logic

Went to italy
found the love of my life

I salute your service during WW2.

AwesomeTucker
AwesomeTucker

Just start gambling OP.

https://www.youtube.com/watch?v=-paxK11Dk5E

hairygrape
hairygrape

@BinaryMan
It shouldn't be this way...
But it's the truth.

Deadlyinx
Deadlyinx

Oh, forgot to mention...
I guess you already checked out "Early retirement Extreme" (ERE)

sincerely,
Lt. w0odo

Flameblow
Flameblow

@Deadlyinx
Actually no, but looking into it now.

WebTool
WebTool

@haveahappyday
Can you hook me up with a job? I have a degree in mathematics. What do I need to learn to do data science?

BunnyJinx
BunnyJinx

@Spazyfool
What about your university debt?

Sir_Gallonhead
Sir_Gallonhead

@Crazy_Nice

Duude. Please don't be like that. : (

Soft_member
Soft_member

@haveahappyday

That's actually the gig I aim to have. Too bad I'm in the fucking EU.

happy_sad
happy_sad

You should move to Vietnam and live like a king with that much money. You could bang real life anime characters.

Methnerd
Methnerd

@Sir_Gallonhead
@BunnyJinx

I forgot it like an idiot. Living out of my car, using the university gymnasium to shower, and doing work study leaves me owing around $30,000 at the end. Not counting the possibility of summer internships.

Fuzzy_Logic
Fuzzy_Logic

@Crazy_Nice
You should try getting addicted to heroin.

askme
askme

@Fuzzy_Logic
No, thanks.

Supergrass
Supergrass

@Sir_Gallonhead
Meant to reply to you in my previous mobile post.

I can't not be like that. It's just a state of being.

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