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August 2016 retirement goal progress

August 31st, 2016 at 08:26 pm

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: $285,018

May 2016 balance: $279,380

Progress: $5,638

To reach the goal by our birthdays in 2019, that's 30 months, so we'd need to contribute (or have assets appreciate) $6,495 per month to reach it. We came somewhat closer to that level of progress this month!

2 Responses to “August 2016 retirement goal progress”

  1. rob62521 Says:
    1472679057

    Good to have a goal...planning should help you reach it!

  2. starfishy Says:
    1472729708

    great goals, good luck!! Smile

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