Gauntlet: Long Term Net Worth Goals

[Slow&Steady]

I want to join but I will just be doing investments, true NW is too much guessing and calculations!  I am going to do year end goals starting from Jan 2017. 

Our 2nd (last) baby is due in March 18, so she should finish high school in 2035 or 2036.  I would like to retire when she graduates (@52/53) or a couple years after (@55).  I know it is not really RE but I think it will be early enough for me and with DH's medical concerns it might still be too early, depending on what happens to health insurance.

Dec-17: $90K
Dec-18: $110K
Dec-19: $140K
Dec-20: $200K
Dec-25: $400K

Who freaking knows what will happen in 10+ years but why not give it is shot.
Dec-30: $900K
Dec-35: $1.5M
Dec-38: $2M

Revised 2018 and beyond goals and used ranges, lower end seems pretty likely with the upper end being a stretch. 

End of Year: Goal / Actual
Dec-17: $90K / $97,451
Dec-18: $115K-$120K
Dec-19: $140K-$175K
Dec-20: $200K-$250K
Dec-25: $400K-$500K

Mid 2018 update: Calculations show that if we have a flat rest of the year I should be right around $118k.  I will admit that I made these guesses before I got a new job with a 30(ish)% raise and assuming DH's business would be about equal to 2017.  In the 1st 5 months of 2018 he has made almost 80% of what he made in all 12 months of 2017, hopefully he will be able to keep up that pace the rest of the year!

Mid 2019 update: The end of 2018 was not flat for me, it was negative.  We ended 2018 with barely more than we started 2018 with.  This year has been bouncing between positive and negative so we will see.  I think the Dec 2019 goal might still be feasible but not sure.  I have received a job offer recently that I am considering that should make an impact going forward (increased salary & better match) but I am not sure if it will be all that visible this year.

End of Year: Goal / Actual
Dec-17: $90K / $97,451
Dec-18: $115K-$120K / $106,959
Dec-19: $140K-$175K / June 20 = $128,913
Dec-20: $200K-$250K
Dec-25: $400K-$500K

[matchewed]

Current Net Worth $150k

$200k by beginning of 2015

$300k by mid 2017

$400k by mid 2019

and FI($500k) by early 2021

This is my conservative plan so it may be impacted by some job/life changes I see coming on the horizon.

Well a four year update is interesting. Lots happened between then and now. Current net worth with house = $285k. So I'm behind on the original plan but there was a gap of no income in the middle with school and now our (was only my) income is much higher and diversified. So I'd still say we're on track even if it looks as we're behind as our savings rate is much higher as an us than as a me.

A more immediate update - Net worth without the primary residence = $365k. Net worth with primary residence (equity) = $465k.

Should be FIRE early 2022 @ a goal of 600k without primary residence. Will probably beat that given my deliberate conservative planning combined with the whole saving oodles thing.

[Mrs. D.]

A more immediate update - Net worth without the primary residence = $365k. Net worth with primary residence (equity) = $465k.

Should be FIRE early 2022 @ a goal of 600k without primary residence. Will probably beat that given my deliberate conservative planning combined with the whole saving oodles thing.

Well done! You're so close to FIRE. It must feel great.

This is actually a pretty hard exercise.
June 2019 - 200K invested/300 NW (actual)
June 2021 - 300K invested
June 2023 - 500K invested
June 2030 - 1 M invested

DD will start high school in 2032. Not sure if we'll have a 3rd kid yet. We'd like to be FI by the time she starts high school, but probably won't retire then. This feels like a stretch goal on our current income situation (DD works FT, I have small PT income), but very doable if I become more fully employed when DD starts kinder. Lots of balls still up in the air.

Nice to see everyone setting goals and working so hard to reach them! Onward and upward.

[ItsALongStory]

My official target time frame is 7 years from now basically so i will plot out some milestones based on about $65k in contributions per year and ~5% portfolio gains. I am hoping that i can pull the plug in mid-2024 though, enabling me to optimize taxes and still get my bonus payout. My wife is already retired so I plan on drawing a low % in the first few years to reduce the sequence of returns risk and then crank it up later when my stashe has hopefully grown a bit more.

Current total NW: $315k
End of 2019: $340k
End of 2020: $420k
End of 2021: $510k
End of 2022: $600k
End of 2023: $700k
End of 2024: $810k
End of 2025: $930k
Middle of 2026: $1M

[Buffalo Chip]

Fun thread. Especially the old posts from some of our more colorful posters to see how things have changed.

My strettttch goal has more to do with generational wealth. So in that sense our goals are extremely long term, by the time DW and I have keeled over timeframe. So 2070 stretch goal would be say $10,000,000 net worth or equivalent in whatever currency we’re using in 2070. That’d be cool.

[ItsALongStory]

Fun thread. Especially the old posts from some of our more colorful posters to see how things have changed.

My strettttch goal has more to do with generational wealth. So in that sense our goals are extremely long term, by the time DW and I have keeled over timeframe. So 2070 stretch goal would be say $10,000,000 net worth or equivalent in whatever currency we’re using in 2070. That’d be cool.

Agreed, i love the 4 and 5 year updates in here. Crazy how people can remember to come back and post, not sure I will have that same dedication with all of our savings on autopilot.

[SwordGuy]

Fun thread. Especially the old posts from some of our more colorful posters to see how things have changed.

My strettttch goal has more to do with generational wealth. So in that sense our goals are extremely long term, by the time DW and I have keeled over timeframe. So 2070 stretch goal would be say $10,000,000 net worth or equivalent in whatever currency we’re using in 2070. That’d be cool.

Agreed, i love the 4 and 5 year updates in here. Crazy how people can remember to come back and post, not sure I will have that same dedication with all of our savings on autopilot.

This website changes lives for the better.  MUCH better!
It cut a dozen years off my expected retirement date.    Many of us like to give back to a community that helped us so much.

[ItsALongStory]

That makes sense, we are hosting an international student from a 3rd world country currently. I was a visiting student at some point as well and look at it as giving back. Much more impactful for me to do this vs giving a dollar value to a charity.

Sent from my Pixel 2 XL using Tapatalk

[webguy]

I want to join in and set myself some public goals so that I'm held accountable.  My goals are:

Current NW:  $420k
Jan 1 2016:  $650k
Jan 1 2017:  $950k
Jan 1 2018:  $1.1M

I need to update my goals!

Current NW:  $1.1M
Jan 1 2017:  $1.25M
Jan 1 2018:  $1.6M
Jan 1 2019:  $2M

Jan 1 2017:  $1.26M

Phew, just made it! I have no idea how 2017 is going to go income-wise, so I'm sticking with my $1.6M goal for now and I'll revisit in 6 months...

Another 6 months have gone by so I'm revisiting to update the goals a little bit..

Current NW:  $1.535M
Jan 1 2018:  $1.75M
Jan 1 2019:  $2.2M

Another 6 months in the book! It's fun looking back and seeing progress as I don't really track these milestones anywhere else.  Just paid 4th quarter estimated taxes and prepaid 2018 state and property taxes so my current NW took a hit last week but I have some updated goals..

Current NW:  $1.85M
Jan 1 2019:  $2.35M
Jan 1 2020:  $2.8M

Time for another update!  It's been a good year income-wise so far and it looks like that should continue for at least another year hopefully, so I'm updating my goals a bit...

Current NW:  $2.28M
Jan 1 2019:  $2.45M
Jan 1 2020:  $3M

I'm approaching a point where I don't need to work any longer, however I'm in a situation where I own my own business but it feels like it owns me. I'm not sure what to do once I hit my FIRE number as I can't really sell the business due to it being very dependent on me, but it's a cash-generating machine so it seems silly to just dissolve it.  I guess I'll just keep at it for now.

All these quotes makes it a little tricky to see past progress so I'm gonna list it so I can see it more easily. It's crazy how fast your net worth can snowball once you get going:

Jan 2015 - $420k
April 2015 - $540k
Nov 2015 - $748k
Aug 2016 - $1.1M
Jan 2017 - $1.26M
July 2017 - $1.535M
Jan 2018 - $1.85M
Aug 2018 - $2.28M

Happy new year everyone! Almost made my goal but the markets had other ideas..

Jan 2019 Actual: $2.4M

I guess considering my original 2019 goal was $2M I can't be too disappointed.  I guess I better make some new goals:

Current NW:  $2.4M
Jan 1 2020:  $2.9M
Jan 1 2021:  $3.5M (FAT FIRE NUMBER!!!)
Jan 1 2022:  $4.1M

Let's do this!

Man this last 6 months has flown by! Finding myself ahead of the curve so time to update the goals a bit:

Current NW:  $2.88M
Jan 1 2020:  $3.1M
Jan 1 2021:  $3.75M
Jan 1 2022:  $4.4M

[actonyourown]

Wow this is something I haven't put a whole lot of thought into yet, so here goes.

I started tracking NW as of June 2017, so end of June will be my updated timeframes.

30-Jun-2017   30-Jun-2018   30-Jun-2019
 $18,710.71     $36,855.53     $55,479.52

June 2020 $75,000
June 2021 $100,000
June 2022 $150,000
June 2023 $200,000
June 2024 $300,000
June 2025 $350,000

[ItsALongStory]

My official target time frame is 7 years from now basically so i will plot out some milestones based on about $65k in contributions per year and ~5% portfolio gains. I am hoping that i can pull the plug in mid-2024 though, enabling me to optimize taxes and still get my bonus payout. My wife is already retired so I plan on drawing a low % in the first few years to reduce the sequence of returns risk and then crank it up later when my stashe has hopefully grown a bit more.

Current total NW: $315k
End of 2019: $340k
End of 2020: $420k
End of 2021: $510k
End of 2022: $600k
End of 2023: $700k
End of 2024: $810k
End of 2025: $930k
Middle of 2026: $1M

Well that plan is out the window.

New plan is to build up my investments to $400k by mid 2022. I will then quit and we will live for 3 years off my wife's retirement and slow travel through Europe. Plan is to rent out our house during that time and keep it as a fall back plan. Our plan a is to sell, reinvest equity and start drawing 4% of that taxable account the next year or 2 years after. In the meantime my $400-500k will get a chance to grow to $1m or so when I start drawing 2% as needed. My wife gets cola in het retirement and has her own healthcare premium covered as well.

1098 more days :-)

Edit for clarity: I am no longer considering my portion of home equity as part of my retirement stash so I have roughly $200k currently.

[webguy]

My official target time frame is 7 years from now basically so i will plot out some milestones based on about $65k in contributions per year and ~5% portfolio gains. I am hoping that i can pull the plug in mid-2024 though, enabling me to optimize taxes and still get my bonus payout. My wife is already retired so I plan on drawing a low % in the first few years to reduce the sequence of returns risk and then crank it up later when my stashe has hopefully grown a bit more.

Current total NW: $315k
End of 2019: $340k
End of 2020: $420k
End of 2021: $510k
End of 2022: $600k
End of 2023: $700k
End of 2024: $810k
End of 2025: $930k
Middle of 2026: $1M

Well that plan is out the window.

New plan is to build up my investments to $400k by mid 2022. I will then quit and we will live for 3 years off my wife's retirement and slow travel through Europe. Plan is to rent out our house during that time and keep it as a fall back plan. Our plan a is to sell, reinvest equity and start drawing 4% of that taxable account the next year or 2 years after. In the meantime my $400-500k will get a chance to grow to $1m or so when I start drawing 2% as needed. My wife gets cola in het retirement and has her own healthcare premium covered as well.

1098 more days :-)

Edit for clarity: I am no longer considering my portion of home equity as part of my retirement stash so I have roughly $200k currently.

Interesting, so your wife is already retired while you’re still working? How has that been working out so far?

[ItsALongStory]

My official target time frame is 7 years from now basically so i will plot out some milestones based on about $65k in contributions per year and ~5% portfolio gains. I am hoping that i can pull the plug in mid-2024 though, enabling me to optimize taxes and still get my bonus payout. My wife is already retired so I plan on drawing a low % in the first few years to reduce the sequence of returns risk and then crank it up later when my stashe has hopefully grown a bit more.

Current total NW: $315k
End of 2019: $340k
End of 2020: $420k
End of 2021: $510k
End of 2022: $600k
End of 2023: $700k
End of 2024: $810k
End of 2025: $930k
Middle of 2026: $1M

Well that plan is out the window.

New plan is to build up my investments to $400k by mid 2022. I will then quit and we will live for 3 years off my wife's retirement and slow travel through Europe. Plan is to rent out our house during that time and keep it as a fall back plan. Our plan a is to sell, reinvest equity and start drawing 4% of that taxable account the next year or 2 years after. In the meantime my $400-500k will get a chance to grow to $1m or so when I start drawing 2% as needed. My wife gets cola in het retirement and has her own healthcare premium covered as well.

1098 more days :-)

Edit for clarity: I am no longer considering my portion of home equity as part of my retirement stash so I have roughly $200k currently.

Interesting, so your wife is already retired while you’re still working? How has that been working out so far?

Depends on who you ask I suppose :-)

She was already retired when we met but we have a large age gap so I couldn't just live off of her retirement income and not build up any of my own retirement savings. We are now 8 years later, she has battled through a bout of cancer and a stroke so time is ticking.

[andy85]

goal/stretch goal
2015 - 40k/45k
2016 - 60k/75k
2017 - 75k/90k
2018 - 95k/110k
2019 - 115k/130k

2015 Actual - $40,500
2016 Actual - $61,253

Actuals:
2015 - $40,500
2016 - $61,253
2017 - $82,238
2018- $100,693
2019 - $126,377 (as of the end of June)

Goals:
2019 - $135k
2020 - $175k (35)
2025 - $400k+ (40)
2030 - $750k+ (45)
2035 - $1.2M+ (50)

I'd probably be FI at 750k, but would like some fun money and an extra cushion for long-term health care since I'm single with no kids and not sure that'll change lol. I'm gonna need a raise in the next couple of years to keep this on track :)

[DadJokes]

Original goal for the end of 2019: $88k
Current NW: $92k

So I guess it's time for changes...and some lofty long-term goals

Year	Goal
2019	$120k
2020	$200k
2025	$680k
2030	$1.5m
2035	$2.6m

[haypug16]

Mid year update

Year                    Goal/Actual
December 2017 - $(24,424.13)/$(24,424.13) (starting point)
December 2018 - $10,000/$(1,524.93) - short by $11,524.93
December 2019 - $40,000/17,825.45
December 2020 - $82,000/
December 2021 - $130,000/
December 2022-  $185,000/
December 2023 - $240,000/
December 2024 - $295,000/
December 2025 - $350,000/
December 2026 - $410,000/
December 2027 - $475,000/
December 2028 - $540,000/ (stretch FIRE goal)
December 2029 - $605,000/
December 2030 - $675,000/ (FIRE goal)

I think I should get pretty close to my 2019 goal of $40k.

[Mazzinator]

Currently at NEGATIVE $60k net worth. ($97k debt in SL)

0 net worth early 2014
+$20k net worth July 2014
+$60k by end of 2014

1/1/2015: $55k
1/1/2016: $105k
1/1/2017: $160k
1/1/2018: $220k
1/1/2019: $280k
1/1/2020: $350k (husband will retire from active duty military in 2020 or 2021)

1/1/2016: $89K

Didn't make it to this years goal. But i'm still keeping the numbers the same for the future. Just have to push harder to reach them!!!

Posting for my ~3 year update.
7/29/13 nw was -$60k
8/3/16 nw is $116k

Trying hard to reach my 1/1/17 goal of $160k!!!

Sooooo close...

1/2/17 NW = $156,358

Yay! I finally hit my goal, and then some!!! Yay!!
1/1/18 NW = $237k

1/16/19 NW = $263k

Posting for my 6 year update!!! I can’t believe it!!!
7/29/13 NW = -$60k (yes, that was NEGATIVE 60k)
7/31/19 NW = $340k

I almost made my very end goal of $350k ahead of schedule!!! I guess i need to update those goals and make some new ones seeing how i never made goals past 1/1/2020.

New goals!! (These may be stretch goals after summer 2021)
1/1/20 $375
1/1/21 $455 (husband will retire from active duty in the summer of ‘21, future salary unknown)
1/1/22 $545
1/1/23 $635
1/1/24 $730
1/1/25 $840
1/1/26 $1 mil

[zinnie]

NW: $433,000
Goal: $1.1 million by August of 2020.

Stretch is to do it in 6 years, or 5. Mint keeps telling me I'm about a year ahead so we will see!

Looking back on this post from 3.5 years ago is crazy. I am way ahead, almost at the net worth goal now, and will hit that number liquid more than a year before my old net worth goal. I don't even understand the math, but I'll take it! Once you get on the right track, it really does snowball :)

Update after another 2.5 years: I hit my NW goal super early, somehow, even though I took a year+ off work. (Being off also made me realize I REALLY don't like having to think about/follow a budget. That part felt very limiting instead of freeing. So we increased our number. I also realized I have to put more thought into what I am early retiring to as I get a lot out of work and work relationships that was hard to replicate elsewhere. But that is for another thread.)

Current: $1.45M
New goal: ~$2M (Aug 2021)

[nancyfrank232]

NW: $433,000
Goal: $1.1 million by August of 2020.

Stretch is to do it in 6 years, or 5. Mint keeps telling me I'm about a year ahead so we will see!

Looking back on this post from 3.5 years ago is crazy. I am way ahead, almost at the net worth goal now, and will hit that number liquid more than a year before my old net worth goal. I don't even understand the math, but I'll take it! Once you get on the right track, it really does snowball :)

Update after another 2.5 years: I hit my NW goal super early, somehow, even though I took a year+ off work. (Being off also made me realize I REALLY don't like having to think about/follow a budget. That part felt very limiting instead of freeing. So we increased our number. I also realized I have to put more thought into what I am early retiring to as I get a lot out of work and work relationships that was hard to replicate elsewhere. But that is for another thread.)

Current: $1.45M
New goal: ~$2M (Aug 2021)

Congrats!

Many of us underestimate the power of compounding. It really does snowball

https://medium.com/the-10x-entrepreneur/warren-buffett-has-made-99-7-of-his-money-after-the-age-of-52-71e2ce04c347

[zinnie]

Interesting article nancyfrank! That graph is crazy. And thank you 😊.

[Bateaux]

Considering a 5% overall return, paper investments are projected as follows for FIRE.  Assuming  $6,000 per month additional investment.   Also have 300k to 400k fully owned real estate not included in calculations.

FIRE 2018

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
*****Fire*********age 50


FIRE 2020

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
2019  $1,743,000
2020  $1,906,000
*****FIRE*********age 52

FIRE 2023

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
2019  $1,743,000
2020  $1,906,000
2021  $2,077,000
2022  $ 2,256,000
2023  $2,445,000
*****FIRE*********age 55 (minimum retirement age from employer)

I used a very conservative rate of return in my projected growth.  Obviously we did better than 5%. 
That being said, we've passed in 2019 my expected 2021 value. This is the last month that I can retire at 50.  The temptation is great.  I'm thinking 52 isn't a failure.   With over 2.1M now, unless a recession hits we'll hopefully see another 250K by then.

Beware the power of OMY syndrome.  Currently at 2,150,000 investment assets.  Another 400k or so in real estate.  The current and final goal is 2.5M in investment assets.  So far this year we've come close to but never crossed 2.2M.  I think we will cross 2.2M in coming months, however I expect to dip below 2.0M in the coming recession.  So I'm stuck in OMY for a while.

[ItsALongStory]

I'm confused, bateaux. You are certainly pulling the plug at $2.5m and will stick with it even if during a recession your assets drop or will you go back to work and re-hit $2.5m in order to pull the plug again

Sent from my Pixel 2 XL using Tapatalk

[Bateaux]

I'm confused, bateaux. You are certainly pulling the plug at $2.5m and will stick with it even if during a recession your assets drop or will you go back to work and re-hit $2.5m in order to pull the plug again

Sent from my Pixel 2 XL using Tapatalk

Sorry for the confusion.  My thoughts are that before I reach my 2.5 million goal, we will have a recession that will drop my accounts below 2.0 million.  I will not quit work if below 2.0 million.  Now, if I reach age 55 in 2023 and I'm above 2.0 million I'll consider quiting, in 2023 I can lock in company health insurance.  The extra 500k in assets is to pay for health expenses.  A democratic win in 2020 and potentially cheaper healthcare could allow me to quit earlier as well.  You could say that I'm currently working for healthcare.  Looking back at those old 2016 calculations.  Dang I've made a lot of money since then.  Over 800K in 3.5 years.  Compounding is scary.

[marty998]

Ok I'll play

Dec'14   $534k
Dec'15   $650k
Dec'16   $775k
Dec'17   $950k
Dec'18   $1100k

Will probably not be enough for FI given more than half will be trapped in housing. Maybe 3 years after that at $1,700k I could make it work.

I was at $712k at the end of December 2015.

July 2016 now at $792k... with a little luck and flat markets there is a distinct possibility I could finish this year around $850k. Nice, but still neither liquid nor majorly cash generating...

Gotta start rethinking strategy beyond simply acquiring more assets.

October 2019 - $1.3m.

If the housing market hadn't gone down here I'd be up around $1.5m at the moment which is definitely crazy to think about.

It's getting hard to know how to forecast now - everything is so dependent on markets as opposed to the bulk of gains coming from savings.

End of 2022 I should hit $2m at a rough guess.

[Ozlady]

Good work Marty...

1.3 million in your early 30s? is no small feat....

Say you have been working for 10 years , that's nearly 130 k per year of working life saved...

What  rough % did  you attribute that to pure savings viz-a-viz investment gains you reckon? 

(Asking for my own son's education..)

Putting aside the 25K in superannuation to reach your net worth in 10 years means he has to plow in minimum 75K upwards per year (around 6K per month) from his salary..OMG! 

 

[Bateaux]

Considering a 5% overall return, paper investments are projected as follows for FIRE.  Assuming  $6,000 per month additional investment.   Also have 300k to 400k fully owned real estate not included in calculations.

FIRE 2018

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
*****Fire*********age 50


FIRE 2020

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
2019  $1,743,000
2020  $1,906,000
*****FIRE*********age 52

FIRE 2023

2016  $1,300,000
2017  $1,440,000
2018  $1,588,000
2019  $1,743,000
2020  $1,906,000
2021  $2,077,000
2022  $ 2,256,000
2023  $2,445,000
*****FIRE*********age 55 (minimum retirement age from employer)

I used a very conservative rate of return in my projected growth.  Obviously we did better than 5%. 
That being said, we've passed in 2019 my expected 2021 value. This is the last month that I can retire at 50.  The temptation is great.  I'm thinking 52 isn't a failure.   With over 2.1M now, unless a recession hits we'll hopefully see another 250K by then.

Beware the power of OMY syndrome.  Currently at 2,150,000 investment assets.  Another 400k or so in real estate.  The current and final goal is 2.5M in investment assets.  So far this year we've come close to but never crossed 2.2M.  I think we will cross 2.2M in coming months, however I expect to dip below 2.0M in the coming recession.  So I'm stuck in OMY for a while.

Took less than a month with new highs, to cross the 2.2 Million investment mark.  Mature portfolio growth is incredible.

[nancyfrank232]

My long term NW stretch goal is $20m considering that my portfolio will hit $10m passively

I don’t wish it, but I’ll hit the goal sooner if we have another Tech Wreck/Credit Crisis bust

[Hirondelle]

Current net worth: EUR 12,500

Just started my first 'real job' with a 4 year contract and fixed salary raises.
I'm aiming at saving EUR 1000/month.

Nov 2018: 25k29k
Nov 2019: 38k
Nov 2020: 52k
Nov 2021 (end of contract): 66k

Fun to do an update on this one! When I checked end of last month I was at 29k, so a good 4k over the initial goal and on track to reach my initial 'stretch goal' of 30k by the end of the year. Also expecting a small windfall in the next month. Projection using my current savings rate/pay raise scheme:
Nov 2018: 29k
Nov 2019: 55k
Nov 2020: 75k
Nov 2021 (end of contract): 98k

This shows how saving only €200/month more really does make a huge difference. Ultimate goal would be to reach that 100k :)

Passed my Nov 2019 goal by almost 4k!

New projections:
Nov 2018: 29k
Nov 2019: 55k59k
Nov 2020: 85k
Nov 2021 (end of contract): 112k

[ItsALongStory]

Passed my Nov 2019 goal by almost 4k!

New projections:
Nov 2018: 29k
Nov 2019: 55k59k
Nov 2020: 85k
Nov 2021 (end of contract): 112k

Congrats, nice to see the compounding effect on your multi-year goals. Bumped the 2021 target up quite a bit from the original plans!

[Hirondelle]

Passed my Nov 2019 goal by almost 4k!

New projections:
Nov 2018: 29k
Nov 2019: 55k59k
Nov 2020: 85k
Nov 2021 (end of contract): 112k

Congrats, nice to see the compounding effect on your multi-year goals. Bumped the 2021 target up quite a bit from the original plans!

Actually my calculations do assume a bit of compouding/market returns (4% I think) but both the market and my savings skills have been outperforming and that definitely adds up over even a short time frame :)