-
Period: to
17
SAT/ACT - $180 (S/T)
I have already paid for them -
20
College - $100,000 (L/T)
Student loans and parental help. -
Period: to
25
House - $350,000 (L/T)
Save $10,000 a year for the 7 years for the down payment.
Pay mortgage. -
30
Furniture - $20,000 (S/T)
Save $4,000 a year for the next 5 years. -
35
Vacation - $6,000 (S/T)
Save $500 a month for a year. -
40
3 times annual salary saved for retirement - $360,000. (L/T)
I will have saved from the time I'm 20. I'd be saving $9,000 a year. -
45
Bigger House - $500,000 (L/T)
I'll have sold my old house for $400,000 and put $10,000 a year for 2 years to cover the down payment. After that I'll be paying a mortgage to pay it off. -
50
Vacation - $10,000 (S/T)
I'll save $835 a month for a year. -
65
Smaller house - $425,000 (S/T)
I'll have sold my old house for $550,000 and I'd buy the house outright in cash. -
70
Funeral - $15,000 (S/T)
I'll put away $5,000 a year from this age.