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Retirement goal progress

April 1st, 2017 at 12:13 pm

Goal: $489,745 by 2019

(As a reminder, this is just an incremental goal along the way to 8x income by retirement. This mini-goal aims to get us to a milestone by the time I turn 45 and AS turns 40.

The milestone (which changes whenever our salaries change) is to get me to 3x my current salary, which is now $66,625, so $199,875; NT to 3x his, which is now $62,100, so $186,300; and AS to 2x hers, which in 2016 was $51,785, so $103,570)

Current balance: $317,920

February 2017 balance: $315,041

Progress: $2,879

A smaller bump than the past few months.

To reach the goal by our birthdays in 2019, that's 23 months, so we'd need to contribute (or have assets appreciate) $171,825 -- $7,471 per month -- to reach it.

2 Responses to “Retirement goal progress”

  1. Butterscotch Says:

    Good to hear from you - you've been quiet! All those March birthdays have kept you busy!

  2. ceejay74 Says:

    I know! I meant to check in at least once a week, but it just didn't happen. I'm back now! Big Grin

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