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International Business Times UK
International Business Times UK
Niloy Chakrabarti

'I Save Over 60% of My Income': 25-Year-Old Reveals How He's Budgeting for a Home, Retirement on $40K

Will West expects to enrol in a one-year master's program after finishing his undergrad.

Will West earns about $40,000 (£29,903) as a full-time behavioural health technician in southern Utah. The 25-year-old is also pursuing an undergraduate degree in social work. Post graduation in 2026, West plans to enrol in an online one-year master's program.

After completing his master's, he intends to relocate to Northern California in pursuit of a government job paying up to $85,000 (£63,544) annually. While he is saving over 60% of his current paycheque, West is still figuring out how to pay for his master's, which is expected to cost between $15,000 and $30,000 (£11,213 and £22,427). He also plans to save three months' worth of expenses to cover the move to California. By age 35, West wants to own a house.

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