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Collge fund
i will save up for a year of college while in high school by obtaining a job. Avg. cost is $9,139 so I will have to save $4569.5 a year -
Period: to
Financial Timeline
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Buy a car
I will have saved up $18,000 over the years at college and will be able to purchase a new car -
rent an apartment
I want to save up and rent an apartment when I get out of college so I have a place to stay -
Wedding
I want to marry when im 27 or near that age and save up for the expected cost of $33,055 by this date -
Buy a house
I plan to purchase a single family home by 2030 and save up an estimated cost of $295,000 (Long term) -
Raise a child
By this date I will have had a child and will be raising that child which in todays economy is projected at a cost of $245,340 (Long term) -
buy a family car
I will have saved up to purchase a family car which is estimated at $47,000 (Long term) -
Save up for childs college
By this time I will have started saving for my childs college fund which is estimated at $36,540 -
Start a business
By this time I will have saved up enough for a business with a estimated start up cost at $30,000 (Long term) -
Plan to retire
By this time I will have done what i have needed to do in life and will retire. the cost to retire is estimated at $600,000