Financial Timeline

By sphann

  • Learning how to walk

    Age: 1 Year Old
    Cost: $10.99, anti slip knee pads
    Plan: Long term
    Save

  • Starting Kindergarten

    Age: 5 Years old
    Cost: $13,000 per year
    Plan: Long term
    Save

  • Getting a Drivers Lisence

    Age: 16
    Cost: About $43,043 for a car
    Plan: Long term
    Save

  • Graduating High School

    Age: 18
    Cost: $300
    Plan: Long Term
    Save

  • Starting College

    Age: 18
    Cost: $26, 883
    Plan: Long Term
    Loans possibly needed

  • Starting Career

    Age: 25 Years Old
    Cost: $3,000 to start business
    Plan: Long Term
    Possibly need a loan

  • Getting Married

    Age: 27
    Cost: $6,000
    Plan: Long Term
    Save

  • Starting a Family

    Age: 28
    Cost: $200,000 to raise a baby
    Plan: Long Term
    Loan possibly needed

  • Writing a Will

    Age: 64
    Cost: $300 minimum
    Plan: Short Term
    Save

  • Retirement

    Age: 66
    Cost: $4,500 per month for a retirement home
    Plan: Short Term
    Possibly need a loan