Nunavut health care worker, 38, is earning six figures to help pay for brother’s eventual health care costs
“The amount I might need is an unknown black box.”Russ grew up in a trailer house in rural Alberta, the child of new immigrants who didn’t have a lot of money. I was thinking of going to med school and it didn’t work out.”Instead, he pursued a different field in health care, and moved to Nunavut for work. What he discovered is that he loves the people and landscape of the Arctic.
- ▪“The amount I might need is an unknown black box.”Russ grew up in a trailer house in rural Alberta, the child of new immigrants who didn’t have a lot of money.
- ▪I was thinking of going to med school and it didn’t work out.”Instead, he pursued a different field in health care, and moved to Nunavut for work.
- ▪What he discovered is that he loves the people and landscape of the Arctic.
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Open this photo in gallery:Photo illustration by the Globe and Mail/iStockPhoto / Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountName, age: Russ, 38Annual income: $157,920 base salary plus frequent overtime, $15,600 from rental propertyDebt: $106,000 in line of credit, $116,000 on condoSavings: $45,000 in savings account, $160,000 in tax-free savings account (TFSA), $285,000 in registered retirement savings plan (RRSP), $40,000 in first-home savings account, $305,000 in other investmentsWhat he does: Health care managerWhere he lives: NunavutTop financial concern: Making sure he saves enough to care for his brother, who has cerebral palsy.
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