Goal: $479,875 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 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: $289,384
September 2016 balance: $280,625
Progress: $8,759
To reach the goal by our birthdays in 2019, that's 27 months, so we'd need to contribute (or have assets appreciate) $190,491 -- $7,055 per month -- to reach it. Yeah, that's probably not going to happen, but I'll keep doing the best I can!
November retirement goal progress
December 3rd, 2016 at 06:13 pm