$25,000 Invested
$25,000
The point where market returns start contributing a noticeable amount alongside your own contributions.
Ways to get there
Start a low-cost ETF savings plan
Set up a recurring monthly investment into a broad, low-fee index ETF.
Pros
- Diversified from day one
- Minimal ongoing effort
Cons
- Value fluctuates with the market
- Discipline needed during downturns
- Aggressive
- 1 year and 4 months
- Moderate
- 2 years and 4 months
- Conservative
- 3 years and 4 months
Increase your income through a raise
Negotiate a raise or switch jobs and invest the entire increase in take-home pay.
Pros
- Compounds with every future raise
- Doesn't require cutting current spending
Cons
- Not always possible on your timeline
- Negotiation can be uncomfortable
- Aggressive
- 1 year
- Moderate
- 2 years
- Conservative
- 3 years