AOF Personal Financial Timeline

  • Period: to

    First 5 years

  • Period: to

    Youth

  • Period: to

    5 years

  • Period: to

    5 years

  • Buying a car

    Buying a car
  • Going to college

    Going to college
    My dream school is UCLA, which has a yearly tuition of $42,994. So the total cost is $171,976 which I can help pay for with scholarships and my college fund. It will take me around 4-5 years to save. This is important goal to reach because college is important to me and so is a good education.
  • Graduate highschool

  • Period: to

    5 years

  • Period: to

    Young adult

  • Get an apartment

  • Medical school

    The average cost for medical school a year is $37,556 so the total cost will be around $150,224. I can get student loans or ask for financial help from parents/grandparents to help pay, and it will probably take me around 4-6 years to save for this. This is an important goal I wish to reach because I want to become a radiologist or something in the medical field which medical school is necessary for.
  • Period: to

    5 years

  • Period: to

    Adult

  • Start my residency in a hospital

  • Get married

  • Begin my fellowship

  • Period: to

    5 years

  • Get a job in a hospital

  • Buy a house

    Buy a house
    The cost of this home is $615,900 which will require a payment of about $31,116 per year. This will take me about 20 years to pay off. This is important to me because I want a large home, or a home large enough to fit my whole family to raise my kids in.
  • Start having children

  • Period: to

    5 years

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    Middle age

  • Period: to

    5 years

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    5 years

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    5 years

  • Period: to

    5 years

  • Retirement

  • Period: to

    Senior