We benchmark our progress against your goals so you know how near or far you are from your dreams. We help you know when you’re “there.”
There are a couple of ways to define your path using milestones:
By Your Age:
Age 25 – Have my college loans paid off
Age 35 – Buy a house
Age 45 – Own a vacation home
Age 55 – Buy a boat
Age 65 – Retire from my job
Age 75 – Travel to all the places on my bucket list
Age 85 – Write a novel
Age 95 – Join the senior cruise ship set
By Dollars – Portfolio size after years of investing*:
10 Years – $ 50,000
20 Years – $ 100,000
30 Years – $ 250,000
40 Years – $ 500,000
50 Years – $1,000,000
60 Years – $1,500,000
70 Years – $2,000,000
Both depend on a lot of things! How old are you when you start? How much college debt do you have? How big a house? How large a salary? How big a boat? If you want to travel, do you need to make more money, and retire later? Stone Hatcher Financial helps you decide the way for all of us (your family and our team) to view your milestones! Most people don’t want to eat canned beans and hot-dogs their whole life so they can retire. Nor do most people want to spend all their money on boats and cars, so they do not have any retirement. On the other hand, what if you die when you’re sixty and you haven’t been out of your home town yet?
Your plan is designed to reflect you and your needs. We set the financial plan in the beginning, but we adjust as we go and continue to act as a guide for you to follow. It is designed to be flexible so that it both motivates and creates accountability.
*These examples of investment milestones are used merely as hypothetical examples and do not reflect any actual results achieved. Results may vary.