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Personal Financial Timeline

By Samira.W

  • Graduation

    Graduate from Paint Branch HS -
    0 years to save.
    Cap & Gown Graduation Party Cost:
    $1,000
  • Period: to

    Retirement Savings

    Yearly Saving:
    $25,000 Total: $1,3000,000
  • Period: to

    College

    Total Student Loan(including Graduate School): $85,000 (Without Aid and Scholarships) Length: 20 years Yearly Payment: $4,250

  • Buying a Car

    Cost: $25,000 20% Down: $5,000
    • 1 year to save. Interest: 4.95%
    Yearly Payment: $5,520 Length of Loan: 48 months

  • First Investment

    5% of my annual income will be used for investments.

  • Buying a House

    Cost:
    $290,000
    - 5 years to save 10% for down payment.
    Yearly Payment:
    $24,282.68

  • Sons College Fund

    College Fund:
    18 years to save.
    Yearly Savings:
    $3,000 Total: $54,000

  • Retire