Will I hit my Goal?
Finance - - Posted on March, 12
Last July, when I turned 36, I created a Goal page (see the chart at the bottom of this post). My account balance was around $57,000 then. I projected that I could get to $92,260 by the time I hit my 37th birthday in July 2008. I was within $3,000 six months early, but then my account tanked. I had a good second half of 2007 for returns and a great second half for making deposits.
With just a four months to go I’ll be cutting it close. My balance is $77,131.36 before the market opens this morning. I just scheduled a deposit of $2,000 that will be credited tomorrow. I expect I’ll be able to deposit another $2k for April, May, June and July which will bring me up to $87,131.36 without counting gains (and hopefully not deducting more losses).
That leaves me with $5,128.64 left that I need from pure growth. If I can […]
Original post by Alex Fotopoulos
