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My Financial Timeline

Retirement (65+)

  • Elder Care

Pre-Retirement (55-64)

  • Emergency Fund

Middle Age (40-55)

  • Vacation
  • Retirement

Adult (25-40)

  • Work
  • House
  • Family

Young Adult (19-25)

Beginning at the age of 21, I will save $18,000 to rent an apartment. I will save $300 a month for 5 years. I will live in an apartment that costs around $750 per month for 2 years. This is important because I will gain responsibility by living on my own.

  • Apartment
  • Wedding

Teen (13-18)

Beginning at the age of 17, I will save $12,000.00 to put towards college. I will save $100 a month for 10 years. I will also receive financial aid, scholarships and loans to help pay for my tuition. It is important to me to further my education.

  • College
  • Buying a Car

Beginning at the age of 18, I will save $3000 for a car. I will do this by saving $80 a month for three years. I will also negotiate while car shopping to help lower the price. This is important because I need to be able to provide my own transportation to places.

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