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By 19: Find settling source(s) of income.
By 20: have saved up $100,000.
- 10 year time span to ensure goals reached.
By 30: have saved up $3,650,000.
- own a house. Budget: [$1,500,000] - $3,650,000 = $2,150,000.
- own car(s) & motorbike(s), preferably two (each). Budget: [$650,000] - $2,150,000 = $1,500,000.
- Purchase further necessities; furniture, clothing, personal items. Budget: [$150,000] - $1,500,000 = $1,350,000.
By 32: fund a major worldwide travel holiday. Budget: [$100,000] - $1,350,000 = $1,250,000.
By 33: settle down in your house, with your vehicles, and your materialistic items, and relax for a few years.
- have put away [$1,000,000] ($500,000 if choosing to retire) for safekeeping, and use for expenses on future purchases.
By 40: (probably) retire.
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