Finally, some progress on the retirement goal!

Goal: $814,292 by March 2024

Current retirement balance: $565,234

January 2020 balance: $542,038

Progress since last update: $23,196

Still needed: $249,058

This interim goal is based on getting my and NT's retirement to 4x our salaries (currently $82,500 and $64,118) by the time we turn 50 and AS's retirement values to 3x her annual income ($75,940 in 2018) by the time she turns 45.
$82,500 x 4 = $330,000
$64,118 x 4 = $256,472
$75,940 x 3 = $227,820

It will shift anytime our salary/annual income changes. (The only exception is I won't lower AS's if she has a lower-income year, because her income fluctuates. So I'm keeping it at the 2018 level because her 2019 income was a little less.)

NOTE: I'm in a weird position because I got a 10% raise in February but a 10% "temporary" paycut in May. I decided to base this on my new salary of $82,500 instead of my old (and current "temporary") $75,120 salary. But that may change. I don't know. I'm still thinking about it. But that of course puts us farther behind because our goal is now that much more ambitious. (NT has also taken a "temporary" 20% paycut but we hope that will end in September, so I'm keeping him at his stated salary.)

There are 44 months to go before March 2024, so that means we need to gain $5660 per month on average to meet our goal.

The ultimate goal we're working toward is 8x our annual income by the time we retire at 65.