Personal Financial Timeline

  • I was Born

  • Start College Saving

    Parents started adding small amounts into my college account
  • Bought New House

    Parents saved 600k to start building a new home
  • Siblings were born

  • Period: to

    5 Year Mark

  • Period: to

    10 Year Mark

  • First Job

    Worked at Angus Barn for 15$ for 5 hours of work
  • Bought my First Phone

    Bought my First Phone

    Saved/Earned 700$ to buy my first phone
  • First Summer Job

    Worked at the pool made 7$ an hour. Made over 500$
  • Period: to

    15 Year Mark

  • Second Job

    Work at Sunset Slush make 8$ an hour and keep tips
  • Help Pay for First Car

    Help Pay for First Car

    I will pay a certain percent for my first car. May be between 3k - 4.5k
  • College Applications

    College Applications

    Each application is around 43$, may spend around 200$ - 250$
  • Period: to

    College Tution

    Around 9,410$ yearly, 37k altogether
  • Period: to

    20 Year Mark

  • Find housing or apartments

    Will probably have roommates to split rent cost, need to save 5k-7k depending on how long I stay renting.
  • Start saving for retirement

    Aim to save at least 15% of your pre-tax income each year for retirement.
  • Get Married (who knows)

    Would like a small wedding to save $8.5k
  • Period: to

    25 Year Mark

  • Start looking into saving for house

    Depending on house pricing should start saving each year for a house by the time I'm 27-30
  • Buy First house

    Buy First house

    Aiming for around 450k-550k
  • Period: to

    30 Year Mark

  • Period: to

    Child Support (if I have children)

    Says child support in NC is 800$ a month
  • Period: to

    35 Year Mark

  • Period: to

    40 Year Mark

  • Period: to

    45 Year Mark

  • Help Pay for Childrens Colleges

    Pay a certain percent
  • Period: to

    50 Year Mark

  • Period: to

    55 Year Mark

  • Period: to

    60 Year Mark

  • Period: to

    65 Year Mark

  • Retire

    Would like to retire with 1.5 mil in savings
  • Period: to

    70 Year Mark