Updated my goal based on NT's recent raise and downgrading AS's annual income expectation, and added our recent retirement gains to the balance.
Goal: $479,875 by 2019
(As a reminder, this is to get me to 3x my current salary, which is now $66,625, so $199,875; NT to 3x his, which is now $60,000, so $180,000; and AS to 2x hers, which this year is projected to be $50,000, so $100,000)
Current balance: $279,380
May 2016 balance: $269,301
Progress: $10,079 (over 2 months)
To reach the goal by our birthdays in 2019, that's 31 months, so we'd need to contribute (or have assets appreciate) $6,468 per month to reach it. We came somewhat closer to that level of progress with about $5K in gains these past two months!
Retirement goal progress
July 29th, 2016 at 04:40 pm
July 30th, 2016 at 12:00 am 1469836851