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re: What are your realistic 5 year financial goals?
Posted on 3/11/15 at 2:53 pm to LSUengineer12
Posted on 3/11/15 at 2:53 pm to LSUengineer12
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.
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 on 3/11/15 at 3:02 pm to anc
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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