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Financial Milestone Timeline

  • Moving Out

    Moving Out
    Movng out at age 18 is the first goal that I have. Hopefully I can reach my goal of Saving about $12,000 and It should take me about 2 years to save. This is a short term goal.
  • Paying for College

    Paying for College
    My college is all paid for with life insurance money, so I will have enough for 2 years at CCBC and 4 at Towson University. This is a long term goal
  • Graduate High School

    Graduate High School
    Graduate in May 2018. This takes me 4 years, but I am 3 years through. This is a medium term goal
  • Graduate College

    Graduate College
    Graduating college, I hope to have my degrees in Social Work and in Accounting. I will not have any debts to pay off. This is a long term goal.
  • First Child

    First Child
    I will have to save for about 5 years to be able to provide a healthy lifestyle for my child. This is a long term goal
  • Buying a New Car

    Buying a New Car
    Looking for a Honda Accord or a Toyota Prius. My price range will be $30,000 and I will be able to afford payments at $500/month. This is a long term goal.
  • Buying 1st house

    Buying 1st house
    I will need about $350,000 because the market will rise over the next 10 years. I would like my ideal house to have 4 bedrooms, 2 bathrooms, and a split foyer. This is a long term goal.
  • Buying Vacation Home

    Buying Vacation Home
    I plan to buy my first vacation home by age 30. I will have a price range of 100,000. I plan to buy in Ocean City, and this is a long term goal.
  • Retirement

    Retirement
    Hoping to have my complete retirement benefits by age 65. Hopefully i will have invested in a good IRA and I can have full health benefits and a good living. This is a long term goal.
  • Moving to Final Home

    Moving to Final Home
    Once Retired, I hope to move to my final home in Myrtle Beach, South Carolina. I will need to save up for this my entire life when working, and I hope to buy a condo for $200,000. This is a long term goal.