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re: What are your realistic 5 year financial goals?

Posted on 3/11/15 at 2:53 pm to
Posted by anc
Member since Nov 2012
18210 posts
Posted on 3/11/15 at 2:53 pm to
35 years old today.

By 40, I want to have $500k liquid (retirement, personal savings, etc.) I need a ~12% return to do that.

I have no debt outside my 3.25% mortgage.

I'd like to increase my salary 25% in five years. That might be a little tougher without a promotion, which is hard to come by where I am. There are literally about six positions that I could be promoted into in that time period, all are currently held by people that don't seem to want to leave.

This post was edited on 3/11/15 at 2:55 pm
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 3/11/15 at 3:02 pm to
quote:

I'd like to increase my salary 25% in five years. That might be a little tougher without a promotion, which is hard to come by where I am. There are literally about six positions that I could be promoted into in that time period, all are currently held by people that don't seem to want to leave.



How old are they? My industry is super 50+ heavy.
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