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Sunday, June 17, 2007

financial goals...

I want to have, excluding cpf, property and car

$35,000 by 31st December 2007

$50,000 by the time I matriculate.

$80,000 by the time I graduate.

$1,000,000 by the time I reach 40.

$1,900,000 by the time I reach 45.

$3,500,000 by the time I reach 50.

$4,500,000 by the time I reach 52.



To achieve this, I would have to save $18,000 per year after I graduate, and invest wisely to ensure a minimum of 12% returns per annum.


At 52, I must retire comfortably!

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