Creating a Personal Timeline

By timelinesarecooliguess

  • 5 year mark

  • Buy a car

    Buy a car

    -Teenager
    -Medium-term goal
    -Estimated cost: $12,000
    -Years to save: 3
    -Cost per year: 4,000
  • Go to college

    Go to college

    -Young adult
    -Medium-term goal
    -Estimated cost: $20,000
    -Years to save: 5
    -Cost per year: $4,000
    This is an important milestone because in college, you get to decide what you want to do with your life and build strong relationships that will last. It also symbolizes growing up, which is something many people look forward to.

  • 5 year mark

  • Rent an apartment

    Rent an apartment

    -Young adult
    -Short term goal
    -Estimated cost: $800/month
    -Years to save: 1
    -Cost per year: $800
  • Have a wedding

    Have a wedding

    -Young adult
    -Medium-term goal
    -Estimated cost: $30,000
    -Years to save: 5
    -Cost per year: $6,000
  • Buy a house

    Buy a house

    -Young adult
    -Long-term goal
    -Estimated cost: $250,000
    -Years to save: 10
    -Cost per year: $25,000

  • 5 year mark

  • Get pregnant (costs during the nine months of pregnancy)

    Get pregnant (costs during the nine months of pregnancy)

    -Middle-aged adult
    -Medium-term goal
    -Estimated cost: $30,000
    -Years to save: 5
    -Cost per year: $6,000
  • Having a child (first year of life)

    Having a child (first year of life)

    -Middle aged adult
    -Medium-term goal
    -Estimated cost: $20,000
    -Years to save: 5
    -Cost per year: $4,000

  • 5 year mark

  • 5 year mark

  • Raising a child (kindergarten through high school)

    Raising a child (kindergarten through high school)

    -Middle-aged adult
    -Medium-term goal
    -Estimated cost: $200,000
    -Years to save: 5
    -Cost per year: $40,000
  • Putting a child through college

    Putting a child through college

    -Middle-aged adult
    -Medium-term goal
    -Estimated cost: $20,000
    -Years to save: 5
    -Cost per year: $4,000

  • 5 year mark

  • 5 year mark

  • Retirement

    -Senior adult
    -Long-term goal
    -Estimated cost: $1,000,000
    -Years to save: 50
    -Cost per year: $20,000