Goal: $494,743 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 $68,291, so $204,873; 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: $324,735
March 2017 balance: $317,920
Progress: $6,815
A nice bump up, but our goal also grew because of my raise.
To reach the goal by our birthdays in 2019, that's 22 months, so we'd need to contribute (or have assets appreciate) $170,008 -- $7,728 per month -- to reach it.
Retirement goal progress
April 30th, 2017 at 08:17 pm
April 30th, 2017 at 10:15 pm 1493590524
April 30th, 2017 at 10:38 pm 1493591917